| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
EUR/CZK reversed from the senior channel at 25.95 late in May and began edging lower. This movement downwards was halted by the 50.00% Fibonacci retracement at 25.00.
The Euro has since remained near the bottom boundary of a newly-drawn junior pattern, thus showing that the bullish momentum which has prevailed in the market since mid-April is starting to allay. The pair re-tested the senior channel—its highest position since October 2018— again this week.
It is expected that the pair continues to decline, setting the senior channel line near 25.35 as a possible target within following two or three weeks. The nearest support of importance is the junior channel, the 38.20% Fibonacci retracement and the 200-period (4H) SMAs at 25.70.