19 July: American session
Tatiana Norkina, an analyst at FBS
Sharp rise of the US dollar index began today's Friday session. The American soared to around 80.75, after a morning consolidation at around 80.60. Meanwhile other currency markets are experiencing breakdowns of significant levels. Thus, the EUR / USD pair broke through the support just above the figure of 1.3500 , thus forming its minimum at the level of 1.3490. USD / CHF is gradually restoring to the psychologically important level of 0.9000, after having overcome the resistance of 0.8980. GBP / USD pair, by dropping down to the level of 1.7035, fell through the 1.7050 support. Retention of these levels can strengthen the bearish pretentions in the market. Only USD / JPY pair is now recovered and is consolidating at around the 101.45 figure.