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EURCZK Continues To Trade Within Its Tight 24.67 - 24.77 Range

CZECHIA
  • USDCZK ticks higher this morning after finding support at 23.5930; ST resistance to watch on the topside stands at 23.83, followed by 24. On the downside, support to watch stands at 23.50, followed by 23.3880 (50DMA).
  • EURCZK continues to oscillate between the 24.67 and 24.77 range despite CNB Michl comments; ST key resistance to watch on the topside stands at 24.9020 (200DMA). On the downside, support to watch below 24.67 stands at 24.50.

Source: Bloomberg/MNI

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