ČNB massively increases interest rates
Česká národní banka (Czech National Bank) has increased interest rates from 0.75 to 1.5 This was not expected at all and is likely to have continuous impact on the markets.
I started shorting both USD and EUR against CZK.
Support on EUR
Support on USD
There is far more room to go for Crown against Dollar, but I expect the support to be broken unless FED and ECB also increase the rates.
I will be updating my indicators this weekend with a new value.
I started shorting both USD and EUR against CZK.
Support on EUR
Support on USD
There is far more room to go for Crown against Dollar, but I expect the support to be broken unless FED and ECB also increase the rates.
I will be updating my indicators this weekend with a new value.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.