USD/CZK may rise to 23.939 - 24.262

22.783 is our pivot point.

Our preference

As long as 22.783 is support look for 24.262.

Alternative scenario

Below 22.783, expect 22.242 and 21.921.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 23.195 and 23.011).

Supports and resistances

24.907 **

24.584 *

24.262 **

23.939

23.282 last

22.995

22.783 **

22.242 *

21.921 **

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