EUR/CZK

_ Main trend: consolidation
_ Short-term trend: decline
R4: 27.00 psychological
R3: 26.80 top
R1: 26.40 consolidation
S1: 26.00 psychological, top, bottom
S2: 25.80 consolidations
S3: 25.50 consolidation
S4: 25.20 consolidation
S5: 25:00 psychological, bottom
S6: 24.80 consolidation
_ Koruna weakened to 26.40 level, then rebounded back
towards 26.00 level.
_ MACD is in rising trend above zero level.
_ Both ROCs are close to zero level.
_ RSI is slightly below overbought level and is turning
downwards.
_ Most likely technical scenario is consolidation in the
26.00 – 26.40 range. More likely is return below 26.00
level than testing of 26.40 level.

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