Published: 2026-09-23T05:18:53.000Z
Chart USD/CNH Update: Turned up from 6.6910, fresh year low
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Consolidation at 6.6910 Monday's low has given way to bounce as prices unwind intraday studies.
| Level | Imp | Comment | Level | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 6.7630 | * | 21 Jul low | S1 | 6.6910 | ** | 21 Sep YTD low | |
| R3 | 6.7540 | ** | Jun low | S2 | 6.6700 | ** | 2023 year low | |
| R2 | 6.7400 | * | 7 Aug low, congestion | S3 | 6.6500 | ** | congestion | |
| R1 | 6.7150 | * | 26 Aug low | S4 | 6.6200 | * | congestion |
Asterisk denotes strength of level
05:10 GMT - Consolidation at 6.6910 Monday's low has given way to bounce as prices unwind intraday studies. Daily chart are stretched as well and suggest scope for gains to resistance at 6.7150, late-August low. Break here will open up room for stronger gains to retrace losses from the 6.8200 June high towards 6.7330/6.7400 area. Higher still, will see room to strong resistance at 6.7500/40 area. Meanwhile, the 6.6910 low should underpin. Failure here, if seen, will see room for continuation to 6.6800 wedge support and 6.6700, 2023 year low.