• EUR/CZK to extend the rebound towards March high of 24.10 on a break past 23.80 – SocGen

Notícias do Mercado

12 junho 2023

EUR/CZK to extend the rebound towards March high of 24.10 on a break past 23.80 – SocGen

Economists at Société Générale analyze EUR/CZK technical outlook.

50-DMA near 23.50 is near term support

EUR/CZK has formed a series of higher peaks and troughs after carving out a low near 23.20 in April. It has evolved within a small base and is now challenging a multi month descending trend line. 

Daily MACD is anchored within positive territory denoting prevalence of upward momentum. 

Once a break above the upper limit of the base near 23.80 materializes, EUR/CZK is likely to extend the rebound towards March high of 24.10. 

The 50-DMA near 23.50 is near term support.

 

O foco de mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir Conta Demo e Página Pessoal
Compreendo e aceito a Política de Privacidade e concordo que os meus dados sejam processados pela TeleTrade e usados para os seguintes efeitos: