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EURCZK Gradually Approaching 100DMA Support

CZECHIA
  • USDCZK ticks higher this morning after finding support at 23.3910 earlier; next support to watch on the downside stands at 23.15. On the topside, resistance to watch stands at 23.50, followed by 23.72.
  • EURCZK continues to retrace lower this morning, gradually approaching its ST support at 24.6320 (100DMA). Next level to watch on the downside stands at 24.50. On the topside, key resistance to watch stands at 25.

Source: Bloomberg

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