The US dollar continues its slide lower as the USD/CHF pair has eroded its mid-March low at 0.9215. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, spots the next stop on the downside at the 0.9166 55-day moving average. USD/CHF finds the 200-day ma at 0.9100 “USD/CHF has eroded the mid-March low at 0.9215 and is on the defensive.” “The 55-day ma lies at 0.9166 and the 200-day ma is found at 0.9100 just ahead of the uptrend at 0.9031.” “Initial resistance is the 0.9296 September 2020 high. Key nearby resistance lies at 0.9467/72 (highs from July).” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next BoJ’s Kuroda: Risks to the economy and prices remain skewed to the downside FX Street 2 years The US dollar continues its slide lower as the USD/CHF pair has eroded its mid-March low at 0.9215. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, spots the next stop on the downside at the 0.9166 55-day moving average. USD/CHF finds the 200-day ma at 0.9100 "USD/CHF has eroded the mid-March low at 0.9215 and is on the defensive." "The 55-day ma lies at 0.9166 and the 200-day ma is found at 0.9100 just ahead of the uptrend at 0.9031." "Initial resistance is the 0.9296 September 2020 high. Key nearby resistance lies at 0.9467/72 (highs… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
