Published: 2026-04-10T04:38:31.000Z
Chart USD/CNH Update: Rang-bound above 6.8200 fresh year low
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Little change, as prices extend consolidation above the 6.8200 fresh year low
| Level | Imp | Comment | Level | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 6.9270 | ** | 30 Mar high | S1 | 6.8200 | ** | 8 Apr YTD low | |
| R3 | 6.9000 | * | congestion | S2 | 6.8100 | * | Mar 2023 low | |
| R2 | 6.8700 | * | 1 Apr low | S3 | 6.8000 | ** | figure, congestion | |
| R1 | 6.8600 | ** | Mar low | S4 | 6.7750 | congestion |
Asterisk denotes strength of level
04:35 GMT - Little change, as prices extend consolidation above the 6.8200 fresh year low. Bounce here see prices unwinding oversold intraday studies but negative daily and weekly chart suggest this giving way to further losses later. Lower will see room for extension to the 6.8100 support and 6.8000 figure. Break here will see room to further retrace gains from the 2022 year low to 6.7750 and 6.7500 congestion area. Meanwhile, resistance is lowered to the 6.8600/6.8700, March and 1st April low, which is expected to cap corrective bounce and sustain losses from the 6.9270/6.9340, March swing highs.