USD/CZK may rise to 24.153 - 24.483

Our pivot point is at 22.954.

Our preference

The upside prevails as long as 22.954 is support.

Alternative scenario

Below 22.954, expect 22.402 and 22.073.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 23.082 and 23.039).

Supports and resistances

25.142 **

24.812 *

24.483 **

24.153

23.475 last

23.170

22.954 **

22.402 *

22.073 **

Number of asterisks represents the strength of support and resistance levels.