USD/CZK may rise to 23.810 - 24.108

Our pivot point stands at 22.722.

Our preference

The upside prevails as long as 22.722 is support.

Alternative scenario

Below 22.722, expect 22.223 and 21.925.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 22.809 and 22.734).

Supports and resistances

24.706 **

24.407 *

24.108 **

23.810

23.143 last

22.919

22.722 **

22.223 *

21.925 **

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