USDCHF falls below 0.7950 on USD selling pressure
The U.S. dollar is under pressure following a memorandum of understanding between the U.S. and Iran.
The pair has extended to fresh session lows in North American trading, testing a former resistance zone between 0.7923 and 0.7926.
A decisive break below 0.7923 would shift focus toward the next key support area between 0.7901 and 0.7905, home to the 50% retracement of the April-to-May decline and the 200-day moving average.