Published: 2026-11-11T02:51:50.000Z
Chart USD/CNH Update: Higher in consolidation
1
Drift lower from the 6.6855 high has given way to bounce at the 6.6650/6.6600 support
| Level | Imp | Comment | Level | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 6.7260 | ** | Sep high | S1 | 6.6650 | 4 Nov low | ||
| R3 | 6.7000 | * | figure, congestion | S2 | 6.6425 | ** | 2 Nov YTD low | |
| R2 | 6.6910 | ** | Sep low | S3 | 6.6160 | * | Jun 2022 low | |
| R1 | 6.6855 | * | 4 Nov high | S4 | 6.6000 | ** | figure |
Asterisk denotes strength of level
02:45 GMT - Drift lower from the 6.6855 high has given way to bounce at the 6.6650/6.6600 support. Daily studies are mixed but consolidation here is expected to give way to renewed buying interest later and break above the 6.6855 high will see room to extend recovery from the 6.6425, 2 November current year low. Higher will see room to strong resistance at 6.6910 September low which extend to the 6.7000 figure. Break here, if seen, will turn focus to 6.7260, September swing high. Would take break of the 6.6650/6.6600 support to expose the 6.6425 current year low to retest.