USDCHF continues to trade within a 0.8794和0.8848之间明确定义的范围, with price action currently consolidating just below the top of that band. Earlier today, the pair found 100小时移动平均线（0.8827）, helping to maintain a 适度看涨偏见 in the short term.

However, 目前，这一势头面临着严峻的考验，. The first step for buyers is to 突破并持有0.8848上方, the ceiling of recent ups and downs. A successful push above that would turn attention to 关键阻力位为0.8862, which marks the 38.2% 2月28日下跌的斐波那契回撤 and also 与3月14日的摇摆高点保持一致—a double-layered technical barrier.

A 净突破0.8862上方 would be a bullish development, likely paving the way for further upside.

On the flip side, a 回落至100小时均线下方（0.8827） would weaken the bullish case. In that scenario, traders will shift focus to:

• 200-小时MA为0.8816

• 200-日MA为0.8810

• 范围支持为0.8794

For now, USDCHF remains in a 中性到看涨的立场, but the next move hinges on whether bulls can crack the 0.8848–0.8862 resistance zone or whether bears reclaim control below key moving averages.