Published: 2026-10-09T02:47:15.000Z
Chart USD/CNH Update: Under pressure
1
Under pressure as prices extend pullback from the 6.7250 late-September high
| Level | Imp | Comment | Level | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 6.7630 | * | 21 Jul low | S1 | 6.7000 | * | figure | |
| R3 | 6.7500/40 | ** | congestion, Jun low | S2 | 6.6910 | ** | 21 Sep YTD low | |
| R2 | 6.7400 | * | 7 Aug low, congestion | S3 | 6.6700 | ** | 2023 year low | |
| R1 | 6.7250 | * | congestion | S4 | 6.6500 | * | congestion |
Asterisk denotes strength of level
02:40 GMT - Under pressure as prices extend pullback from the 6.7250 late-September high. Below the 6.7000 figure will open up the 6.6910 September current year low to retest and see risk for break to extend the underlying bear trend from the 2025 year high. Lower will see scope to the 6.6700, 2023 year low. Meanwhile, resistance remains at the 6.7200/50 congestion area. Would take break here to ease the downside pressure and open up room for stronger bounce to retrace losses from the 6.8200 June high towards the 6.7330/6.7400 area and 6.7540, June low.