Published: 2026-10-06T03:11:26.000Z
Chart USD/CNH Update: Drift lower threatens 6.7000 support
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Drift lower from the 6.7250 resistance see prices threatening support at the 6.7000 figure
| 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
03:10 GMT - Drift lower from the 6.7250 resistance see prices threatening support at the 6.7000 figure. However, lack of momentum suggest further sideways ranging action above the latter. Break will open up the 6.6910 September current year low to retest and see room to extend the underlying bear trend from the 2025 year high. Meanwhile, resistance remains at the 6.7200/50 congestion area. Would take break here to open up room for stronger gains to retrace losses from the 6.8200, June high. Higher will see scope towards resistance at the 6.7330/6.7400 area.