Published: 2026-10-27T05:18:05.000Z
Chart USD/CNH Update: Grinding lower
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Prices remains under pressure as losses grinds lower to reach 6.6670 intraday low and extend losses from the April 2025 year high
| Level | Imp | Comment | Level | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 6.7400 | * | 7 Aug low, congestion | S1 | 6.6670 | intraday low | ||
| R3 | 6.7250 | * | congestion | S2 | 6.6500 | * | congestion | |
| R2 | 6.7000 | * | figure | S3 | 6.6160 | * | Jun 2022 low | |
| R1 | 6.6910 | ** | Sep low | S4 | 6.6000 | ** | figure |
Asterisk denotes strength of level
05:10 GMT - Prices remains under pressure as losses grinds lower to reach 6.6670 intraday low and extend losses from the April 2025 year high. Lower will see room to the 6.6500 congestion next but deep oversold daily studies see bearish momentum slowing. However, bullish divergence on weekly studies caution corrective bounce with resistance starting at the 6.6910 low of September and extending to 6.7000 level. Would take break of these to ease the downside pressure and open up room for stronger corrective bounce to the 6.7200/6.7250 area and 6.7400 level.