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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.
CZECHIA
- EURCZK continues to retrace lower this morning, gradually approaching its ST support at 24.27. A break below that level would open the door for a move down to 24.09. On the topside, resistance to watch stands at 24.50.
- USDCZK has been trending higher this week, breaking above its 100DMA yesterday and currently testing its 22.20 resistance (61.8% Fibo retracement of 21.1270 – 23.9210 range). Next level to watch on the topside stands at 22.4150. On the downside, support to watch below 22.12 (100DMA) stands at 22.
Source: Bloomberg/MNI
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.
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