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EURCZK touched Czk25.793 on extended.....>

EURO-CZECH
EURO-CZECH: EURCZK touched Czk25.793 on extended react to Czech CPI which came
in well above forecasts on the m/m & y/y readings, before fading to settle
Czk25.830/840. Despite the strong reading, most analysts believe the Euro-area
slowdown should limit any CNB hike prospects. Downside support remains from the
200-dma at Czk25.77, ahead of the 61.8% retracement of Czk25.658-25.893 at
Czk25.748.  

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