USD/CHF plummets to its lowest level since 2015, below mid-0.8000s amid bearish USD

  • The USD/CHF pair attracts heavy selling at the start of a new week and plummets to levels just below mid-0.8000s, or the lowest since January 2015 during the first half of the European session. The downfall confirms a fresh breakdown through a one-week-old trading range support and suggests that the path of least resistance for spot prices is to the downside.