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EURCZK Rejects 24.28 Support

CZECHIA
  • USDCZK ticks lower this morning after finding resistance at 21.4330; ST support to watch stands at 21.16, followed by 21. On the topside, first resistance stands at 21.50.
  • EURCZK ticks lower this morning, falling back below the 24.50 level following yesterday strong consolidation. ST resistance to watch on the topside stands at 24.55. On the downside, key support remains at 24.28 (Sep 2012 lows).
  • Czech 10Y yield has been consolidating slightly lower in the past few days after testing a local high at 3.20%; ST support to watch on the downside stands at 3%. On the topside, key resistance stands at 3.50%.

Source: Bloomberg/MNI

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