Published: 2026-09-02T04:00:28.000Z
Chart USD/CNH Update: Drifting above 6.7150 low
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Little change, as prices holds a narrow range 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
04:00 GMT - Little change, as prices holds a narrow range above the 6.7150 low. Daily studies are unwinding oversold reading and bullish divergence on weekly chart suggest scope for bounce to retest the 6.7400 resistance. Above here will see room to strong resistance at the 6.7540/6.7630 previous lows. Regaining these will open up room for stronger gains above the wedge pattern from the March high to the 6.7800/6.8000 congestion area. Meanwhile, break of the 6.7150 low will extend the bear trend from the April 2025 year high and see room for extension to 6.7000, 2023 year low.