Published: 2026-07-29T03:43:14.000Z
Chart USD/CNH Update: Drifting narrowly above 6.7630 low
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Drifting narrowly above the 6.7630 Monday's low as prices consolidate recent losses from the 6.8100/6.8200 highs
| Level | Imp | Comment | Level | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 6.8200 | ** | Jun high | S1 | 6.7630 | * | 27 Jul low | |
| R3 | 6.8100 | * | 8 Jul high | S2 | 6.7540 | ** | 17 Jun YTD low | |
| R2 | 6.8000 | * | congestion | S3 | 6.7350 | * | 61.8% 2022/2025 rally | |
| R1 | 6.7800 | ** | 3 Jul low | S4 | 6.7200 | congestion |
Asterisk denotes strength of level
03:35 GMT - Drifting narrowly above the 6.7630 Monday's low as prices consolidate recent losses from the 6.8100/6.8200 highs. Bullish divergence on daily and weekly studies caution corrective bounce with resistance starting at 6.7800 level. Lift over this will see scope for stronger gains to the 6.8000 level. Above here will expose resistance at the 6.8100 and 6.8200 highs to retest. Meanwhile, break of the 6.7630 low will expose the 6.7540 June current year low to retest and see scope to extend the underlying bear trend from the April 2025 year high.