The EURCZK is showing very strong downside pressure. A year ago price broke to the downside and it is still falling. On the weekly chart you can see the start of this drop after a long and tight consolidation.
On the daily chart you can see price just came back into the trendline again and it reactied with another sell off.
Clear support and resistance, resprected trendline, strong downside pressure. All reasons to go short on this pair.
"Trade what you see, not what you thing"
On the daily chart you can see price just came back into the trendline again and it reactied with another sell off.
Clear support and resistance, resprected trendline, strong downside pressure. All reasons to go short on this pair.
"Trade what you see, not what you thing"