Published: 2026-06-10T06:06:58.000Z
Chart USD/CNH Update: Leaning lower from 6.7920 bounce high
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Lower in consolidation from the 6.7920 high and return below the 6.7800 level threatens retest of the 6.7580, 2 Jun YTD low
| Level | Imp | Comment | Level | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 6.85000 | ** | 29 Apr high, congestion | S1 | 6.7580 | ** | 2 Jun YTD low | |
| R3 | 6.8200/70 | ** | congestion, Feb low | S2 | 6.7500 | * | congestion | |
| R2 | 6.8000/60 | * | congestion, Apr low | S3 | 6.7350 | * | 61.8% 2022/2025 rally | |
| R1 | 6.7920 | * | 8 Jun high | S4 | 6.7200 | congestion |
Asterisk denotes strength of level
06:05 GMT - Lower in consolidation from the 6.7920 high and return below the 6.7800 level threatens retest of the 6.7580, 2 Jun YTD low. Below here will extend the losses from the April 2025 year high and see room for extension to support at the 6.7500 level. Break here, if seen, will extend losses to 6.7350, 61.8% Fibonacci retracement. Meanwhile, resistance at the 6.7920 high is expected to cap. Clearance needed to open up room for stronger correction to retrace losses from the 6.9435 March swing high to resistance at the 6.8000/6.8200 congestion area.