{video}USDCHF sank to its lowest level since January 2015 when the Swiss National Bank shocked markets by scrapping its three-year-old cap on the Swiss franc. The pair is currently consolidating its 4.0% weekly freefall near the lower boundary of the broad bearish channel slightly below 0.8600. This is where the price drifted higher in January 2015. Therefore, with the RSI and the Stochastics having dived significantly within the oversold zone, an upside reversal could be possible in the coming sessions. Also, the Bollinger bands are far apart from each other, suggesting that the latest bearish wave could soon take a ... (full story)