USD/CZK may rise to 23.819 - 24.082

22.807 is our pivot point.

Our preference

As long as 22.807 is support look for 24.082.

Alternative scenario

Below 22.807, expect 22.367 and 22.105.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 23.265 and 23.022).

Supports and resistances

24.609 **

24.345 *

24.082 **

23.819

23.289 last

22.979

22.807 **

22.367 *

22.105 **

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