| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Buy | Sell | Buy |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇗ |
The EUR/CZK exchange rate has been trading sideways since the beginning of June after it failed to decline below the 26.50 mark.
Given that the currency pair is supported by the 55-, 100– and 200-hour moving averages, it is likely that some upside potential could prevail in the market in the nearest future.
Note that the exchange rate would have to surpass the monthly PP at 27.22. If the given resistance level holds, it is likely that a reversal south could occur, and the rate could re-test the 26.50 mark.