Published: 2026-06-26T04:58:46.000Z
Chart USD/CNH Update: Room to extend corrective gains
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Little change, as prices extend consolidation below resistance at the 6.8000/60 resistance
| Level | Imp | Comment | Level | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 6.9000 | ** | figure, congestion | S1 | 6.8000 | * | congestion | |
| R3 | 6.8600 | * | Mar low | S2 | 6.7800 | * | congestion | |
| R2 | 6.8500 | * | 29 Apr high | S3 | 6.7540 | ** | 17 Jun YTD low | |
| R1 | 6.8270 | ** | congestion, Feb low | S4 | 6.7350 | * | 61.8% 2022/2025 rally |
Asterisk denotes strength of level
05:00 GMT - Little change, as prices extend consolidation below resistance at the 6.8000/60 resistance. Clearance here will further extend bounce from the 6.7540 June current year low and see room to strong resistance at the 6.8200/70 congestion and February low. Gains beyond this, if seen, will open up room for extension to 6.8500 late-April high. Corrective gains are expected to give way to renewed selling pressure later with support raised to 6.8000 figure. Below here will return focus to the downside for retest of 6.7800 congestion and 6.7540 low.