Published: 2026-06-09T06:42:33.000Z
Chart USD/CNH Update: Under pressure
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Failure to sustain break of the 6.7815 resistance see rejection from the 6.7920 high threatening pullback to retest 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
06:35 GMT - Failure to sustain break of the 6.7815 resistance see rejection from the 6.7920 high threatening pullback to retest 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. Lower still, will see scope 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.