币界网报道:USDCHF is the best performing currency against the USD among the major currencies. USDCHF is currently trading slightly lower as safe-haven flows are directed towards the more neutral CHF. The pair is down -0.05% after trading higher earlier today. Geopolitical tensions arising from the Iran-Israel conflict initially weighed on the safe-haven CHF, causing USDCHF to rise to the 0.8191-0.8212 range. Dip selling emerged at the bottom of the zone, and the rally fizzled out before the 38.2% retracement (0.8216) was tested, or even just tested. The price then fell below the 100-hour moving average, currently at 0.81717, but the bearish momentum stalled at the 200-hour moving average (0.81540). This green line has stopped every move lower since the European open, highlighting its importance as short-term support. The bounce reclaimed the 100 hour line, but each bounce continues to be capped by the lower edge of the highlighted volatility zone, highlighting the market's entrapment between short-term trend followers and medium-term range traders. With event risk still high and US data scarce, intraday flows are likely to trade between the boundaries. However, Bowman's dovish comments (echoing those of Waller last week) suggest that despite a unanimous vote for the Fed's decision last week and even the dot plot showing 7 members believe there should be no rate adjustment before the end of the year, there are still some dissenters. A decisive hourly close breakout on either side should determine the next move. Key Technical Levels Resistance 1: 0.8191 (Swing range bottom, ceiling so far) Resistance 2: 0.8212 (Swing range top) Resistance 3: 0.8216 (38.2% of May-June drop) Support 1: 0.81717 (100 hour MA) Support 2: 0.81540 (200 hour MA) Support 3: 0.81468 (Lower swing range if MA is broken. A break below this level could lead to a potential fall to lower lows)