| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇒ |
The EUR/CZK exchange rate continued to trade within the symmetrical triangle pattern.
As apparent on the chart, the rate is trading near the upper pattern line at 25.80. From a theoretical perspective, it is likely, that a reversal south could occur in the nearest future, and the rate could reach the lower triangle boundary located circa 25.60.
If the given pattern does not hold, a breakout north could occur in the short run., and the currency pair could reach the psychological level at the 25.90 mark.