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USDCZK Approaching ST Support At 21.16

CZECHIA
  • EURCZK ticks lower this morning after finding resistance slightly below the 24.50 level on Friday; ST support to watch on the downside stands at 24.09, followed by 24. On the topside, next resistance to watch above 24.50 stands at 24.68.
  • USDCZK has been retracing sharply lower since the start of the month, currently trading slightly above its ST support tat 21.16; next level to watch on the downside stands at 21. On the topside, resistance to watch stands at 21.50.

Source: Bloomberg/MNI

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