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EURCZK Finds Resistance at 24.50

CZECHIA
  • USDCZK retraced sharply higher yesterday amid broad USD strength, breaking back above the 24 level; ST resistance to watch on the topside stands at 24.25. On the downside, support to watch stands at 23.8870 (50DMA).
  • EURCZK continues to retrace higher this morning, finding resistance at the 24.50 level earlier; next ST resistance to watch stands at 24.6130 (100DMA). On the downside, support to watch stands at 24.30.

Source: Bloomberg

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  • USDCZK retraced sharply higher yesterday amid broad USD strength, breaking back above the 24 level; ST resistance to watch on the topside stands at 24.25. On the downside, support to watch stands at 23.8870 (50DMA).
  • EURCZK continues to retrace higher this morning, finding resistance at the 24.50 level earlier; next ST resistance to watch stands at 24.6130 (100DMA). On the downside, support to watch stands at 24.30.

Source: Bloomberg