USD/CHF drops further below 0.9900, down for the third dayin-a-row. DXY continues to retreat from 1-year highs but greenback post modest gains versus commodity currencies. The USD/CHF paid broke lower during the US session and extend losses. The pair printed a fresh weekly low at 0.9855 and it was about to end the day hovering around the lows, consolidating modest losses. The pair was falling for the third day in-a-row as the US Dollar correction continued. US Dollar Index Futures retreated further after hitting last week a 1-year intraday high. The Index fell below 94.00 to the lowest since June 14 and dropped into negative territory for the month. Despite falling against European currencies the US dollar was posting modest losses against commodity and emerging market currencies on the back of risk aversion. The Dow Jones index was down 1.85%, headed toward the lowest close since early May. USD/CHF Technical Levels On the downside, below 0.9850 the next support might be seen at 0.9825, followed by 0.9800 and 0.9785 (Jun low). On the upside, resistances could be located at 0.9865, 0.9890 (Jun 25 high) and 0.9925. 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 Gold Technical Analysis: Yellow metal consolidating below $1,270/oz FX Street 4 years USD/CHF drops further below 0.9900, down for the third dayin-a-row. DXY continues to retreat from 1-year highs but greenback post modest gains versus commodity currencies. The USD/CHF paid broke lower during the US session and extend losses. The pair printed a fresh weekly low at 0.9855 and it was about to end the day hovering around the lows, consolidating modest losses. The pair was falling for the third day in-a-row as the US Dollar correction continued. US Dollar Index Futures retreated further after hitting last week a 1-year intraday high. The Index fell below 94.00 to the lowest since June… Top 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.
