Emerging Market currencies: CZK, HUF, RON all showing correlated strength versus the USD. Possibly all about to hit resistance levels - interesting to see how they react and if they can maintain their strength.
Good morning ladies and gentlemen and whoever doesn't fit into two genders anymore.
Currently USD/CZK is showing potential downtrend. I've identified this by checking the W and D chart.
W chart shows a sideways momentum whereas the D chart shows a distinctive downtrend. I have also seen a double top form which could be beneficial for the analysis.