Published: 2026-09-15T05:41:55.000Z
Chart USD/CNH Update: Drifting narrowly, scope for bounce
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Little change, as prices drift narrowly above the 6.7030 low as intraday studies unwind oversold readings
| Level | Imp | Comment | Level | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 6.7630 | * | 21 Jul low | S1 | 6.7030 | ** | 9 Sep YTD low | |
| R3 | 6.7540 | ** | Jun low | S2 | 6.7000 | ** | 2023 year low | |
| R2 | 6.7400 | * | 7 Aug low, congestion | S3 | 6.6650 | * | congestion | |
| R1 | 6.7150 | * | 26 Aug low | S4 | 6.6500 | * | congestion |
Asterisk denotes strength of level
05:40 GMT - Little change, as prices drift narrowly above the 6.7030 low as intraday studies unwind oversold readings. Bullish divergence on daily and weekly studies suggest scope for stronger bounce here to correct losses from the 6.8200, June high. Above the 6.7150 resistance will open up room towards strong resistance at the 6.7330/6.7400, congestion and 7 August low. Higher still, will see scope to strong resistance at 6.7540/6.7600, June low and congestion area. Meanwhile, break of the 6.7030 low and 6.7000 figure, if seen, will open up room for bearish extension to 6.6650/6.6500 congestion area.