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30.9. 13:15_Signal UPDATE USD/CZK Long from 19.8. 13:10_CANCEL

SIGNAL TERMINATION – USD/CZK LONG – CANCEL

Today, the analysis from 8/19/2020 on the rise of the USD/CZK price is canceled. The market grew as expected, but without the execution of the analysis.

ORIGINAL TEXT: USD/CZK Long. Buy Limit. The US currency is weakening in the medium term. This is attributed to a new wave of quantitative easing, with the Fed printing new money and weakening its currency. An increase in risk aversion and the end of quantitative easing will result in a shift away from and weaker riskier assets, such as the CZK.

Graph source: WebTrader

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