Published: 2026-09-03T04:49:21.000Z
Chart USD/CNH Update: Under pressure, 6.7150 low at risk
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Little change, as prices drift within a narrow range just above the 6.7150 low
| Level | Imp | Comment | Level | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 6.7800 | ** | 3 Jul low | S1 | 6.7150 | * | 26 Aug YTD low | |
| R3 | 6.7630 | * | 21 Jul low | S2 | 6.7000 | ** | 2023 year low | |
| R2 | 6.7540 | ** | Jun low | S3 | 6.6670 | * | 15 Jun 2022 low | |
| R1 | 6.7400 | 7 Aug low, congestion | S4 | 6.6500 | * | congestion |
Asterisk denotes strength of level
04:50 GMT - Little change, as prices drift within a narrow range just above the 6.7150 low. Consolidation see prices unwinding the oversold daily studies but risk remains on the downside and threaten break lower to extend losses from the April 2025 year high. Lower will see room for extension to support at 6.7000, 2023 year low. However, bullish divergence on weekly chart caution corrective bounce to retrace losses from the 6.9440 March swing high. Would take break above the 6.7400 resistance to open up room to strong resistance at the 6.7540/6.7630 previous lows.