| 4H | 1D | 1W | |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Buy | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
Since the end of October, the EUR/CZK exchange rate has been trading downwards.
It is likely that some downside potential could prevail in the market, as the currency pair is pressured by the 55-, 100– and 200-period moving averages in the 26.55/27.00 range. In this case the pair could target the Fibo 61.80% at 26.00.
In the meantime, note that the exchange rate could gain support from the Fibo 50.00% at 26.38. Thus, a reversal north could occur, and the rate could target the 27.40 mark.