The USDCHF continues to struggle with upside momentum, as the pair remains capped below the 0.8000级别, a key ceiling that has held since 六月30. This week, buyers once again tested the 摇摆面积在0.7986和0.7994之间, but the rally stalled just shy of the 38.2%回撤位, with Tuesday’s high peaking at 0.79935.

The failure to break through that resistance has turned the focus lower. The pair is now trading 围绕100小时移动平均线0.79629来回移动, with the 200-小时MA为0.79458 serving as the next key downside target. A 跌破两条移动平均线 would tilt the 短期偏向下跌（更加看跌）。The price has been trading above and below those MAs his week (with more time above them). 跌破 and the目标是昨天（以及7月4日）的低点0.7919.

On the flip side, if buyers can 在移动平均线上方保持支撑, the focus will return to the familiar resistance band at 0.7986-0.7994. That area remains the 战区 for control, with a firm break above needed to shift the technical outlook more convincingly bullish.

PS.它还需要突破0.8000水平和0.8002处的38.2%回撤位，以表明买家是认真的。如果没有这一点，他们就不会赢。