The USDCHF moved higher yesterday on the back of broad USD strength, but 势头在达到38.2%回撤之前停滞 of the March–April decline at 0.84823. The high price reached 0.8475. That retracement level remains a critical hurdle for any sustained recovery. Absent that, and the correction higher is just a plain-vanilla variety and keeps the sellers in play.

Today, price action has rotated lower but found 0.8368和0.84087之间明确的摇摆区域的支撑 — a zone that has served as a floor going back to August 2024. Buyers stepped in as the pair tested the lower end of that support band during the European/early US session.

Also helping to reinforce the support is the 4小时图上200柱移动平均线下降, which currently sits near the swing low. That technical confluence is attracting dip buyers, at least for now. The current price is above the swing area high at 0.84087.

支持维持下跌为买家跌至0.8369和卖家升至0.84823之间的争夺奠定了基础。

In summary, bulls will need to see a break above 0.84823（38.2%回撤） to tilt the bias more favorably to the upside. On the downside, a break back below 0.8368 would open the door toward deeper targets and shift the bias firmly back to bearish.

关键技术水平：

• 支持： 0.8368–0.84087 (swing area), 0.8318 to 0.8340 (swing area), 0.82723 (low from late April)

• 阻力： 0.84823 (38.2% retrace), 0.85309 to 0.85573 (swing), 0.86193 (50% retrace)

• 偏见： Neutral above 0.8368; bullish above 0.84823; bearish below 0.8368