Free Trial

EURCZK Trading At 1W High

CZECHIA
  • USDCZK continues its upward retracement this morning after receiving support slightly above the 50DMA on Tuesday; ST resistance to watch on the topside stands at 23.3730. On the downside, support to watch remains at 22.89 (50DMA).
  • EURCZK has been retracing slightly higher in recent days after finding support at the 24.50 level; the pair is currently trading at the high of its 1W range. Key resistance to watch on the topside stands at 25 (200DMA). On the downside, support to watch below 24.50 stands at 24.30.

Source: Bloomberg

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.