EURCZK Forex Chart

EUR/CZK

 

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fxrapid fxrapid EURCZK, D, Short , 8 months ago
EURCZK: Longterm SHORT
18 0 2
EURCZK, D Short
Longterm SHORT

1st TP @ 26.4 R/R = 5.8

motleifaul motleifaul EURCZK, M, Short , 3 years ago
EURCZK: Watchh out for correction to come.
72 2 0
EURCZK, M Short
Watchh out for correction to come.

Purely technically speaking I would say that you watch out for a technical correction. Another rise should be possible until around 27.50 which is the low of December 2006. But then take into account that this sharp rise is not from another world. It is -whatever the reason of the breakout of the more than 5 year old range might be- the end of an ABC-wave June ...

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