| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Buy |
| RSI (14) | Neutral | Buy | Neutral |
| Stochastic (5; 3) | Neutral | Buy | Neutral |
| Alligator (13; 8; 5) | Sell | Sell | Buy |
| SAR (0.02; 0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
Downside risks have been dominating the EUR/CZK currency pair since the end of November. The pair breached the rising wedge pattern south and reached the Fibonacci 38.20% retracement at 25.79.
Given that the pair is being pressured by the 55-, 100– and 200-hour SMAs, is is expected that the general direction is expected to remain south. It is likely that the exchange rate targets the Fibonacci 50.00% retracement at 25.68.
However, technical indicators suggest that this decline might not be immediate, and the pair might re-test resistance level formed by the Fibonacci 23.60% retracement at 25.94.