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USDCZK Finding Support At 24 Level

CZECHIA
  • EURCZK tick higher this morning after finding support at the 24.50 level earlier; Nest ST support to watch on the downside stands at 24.30. On the topside, resistance to watch stands at 24.6260 (100DMA).
  • USDCZK has been testing its 24 support in the past few days; a break below that level would open the door for a move down to 23.7950 (50DMA). On the topside, resistance to watch stands at 24.3590.

Source: Bloomberg/MNI

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  • EURCZK tick higher this morning after finding support at the 24.50 level earlier; Nest ST support to watch on the downside stands at 24.30. On the topside, resistance to watch stands at 24.6260 (100DMA).
  • USDCZK has been testing its 24 support in the past few days; a break below that level would open the door for a move down to 23.7950 (50DMA). On the topside, resistance to watch stands at 24.3590.

Source: Bloomberg/MNI