The USDCHF fell back below its 100-日移动平均线（0.8922） yesterday, breaking through a key 摇摆面积在0.8914和0.8922之间—a clear bearish technical development. This marked the first break below the 100-自2024年11月以来的一天MA, signaling a potential shift in momentum. The decline extended further, reaching and briefly breaking through the 2024年9月反弹0.88843点38.2%回撤, but downside momentum failed to sustain, leading to more choppy price action.

Sellers have remained in control, using the 100-日均线和摆动区作为阻力, reinforcing the bearish outlook. While a new low was established near 0.8855, the next major downside target is the 200-日移动平均线0.88217. A decisive break below this level would solidify the bearish bias and force buyers to step aside.

For now, 价格走势仍然波动, with buyers attempting to stabilize the pair above recent lows while sellers continue to lean against resistance levels. If the 100-MA日作为天花板, the path of least resistance remains to the downside. However, a move back above 0.8922 could shift sentiment and force short-covering. Until then, traders will closely monitor price reactions at key technical levels to gauge the next move.