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USDCZK Finds Support At 24 Level

CZECHIA
BulletEM BulletEmerging Markets
  • EURCZK ticks higher this morning after finding support slightly above the 24.50 level yesterday; ST resistance to watch on the topside stands at 24.6570 (50DMA). On the downside, support to watch below 24.50 stands at 24.30.
  • USDCZK tick higher this morning after finding support at the 24 level (76.4% Fibo retracement of the 21.8650 – 24.66 range. ST resistance to watch on the topside stands at 24.27. On the downside, support to watch stands at 23.7720 (50DMA, upward trending support line).

Source: Bloomberg/MNI

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  • EURCZK ticks higher this morning after finding support slightly above the 24.50 level yesterday; ST resistance to watch on the topside stands at 24.6570 (50DMA). On the downside, support to watch below 24.50 stands at 24.30.
  • USDCZK tick higher this morning after finding support at the 24 level (76.4% Fibo retracement of the 21.8650 – 24.66 range. ST resistance to watch on the topside stands at 24.27. On the downside, support to watch stands at 23.7720 (50DMA, upward trending support line).

Source: Bloomberg/MNI