SIGNAL TERMINATED – USD/CZK LONG – TAKE PROFIT
The signal is closed with an appreciation of over 16% of the investment in the margin.
ORIGINAL TEXT: USD/CZK Long. The Czech crown has confused heads of a large number of traders in the last trading week. The current situation in the field of coronavirus pandemic in comparison with the USA versus the Czech Republic has so far been on the side of the Czech Republic. The current situation records the idea of averaging the current open analysis and preparing adequate positions for future interest. CAs publish a long analysis on supports that have held the market since the beginning of 2018. It is also necessary to consider the approaching values of the currency pair, in which the CNB normally begins to comment on possible interventions due to the stabilization of the Czech currency.
Chart source: WebTrader