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USDCZK Approaching 24 Support

CZECHIA
  • EURCZK ticks lower this morning, falling back below the 24.50 level. ST key support to watch on the downside stands at 24.09. On the topside, resistance to watch stands at 24.7980.
  • USDCZK has been consolidating lower in the past two days, gradually approaching its ST key support at 24. Next level to watch on the downside stands at 23.5670 (61.8% Fibo, 50DMA). On the topside, resistance to watch stands at 24.50.

Source: Bloomberg

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