Published: 2026-04-08T06:50:10.000Z
Chart USD/CNH Update: Break to fresh year low
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Break of the 6.8700/6.8600 support has seen follow-through to break 6.8270 low of February and extend losses from the April 2025 year high
| Level | Imp | Comment | Level | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 6.9270 | ** | 30 Mar high | S1 | 6.8100 | * | Mar 2023 low | |
| R3 | 6.9000 | * | congestion | S2 | 6.8000 | ** | figure, congestion | |
| R2 | 6.8700 | * | 1 Apr low | S3 | 6.7740 | 8 Feb 2023 low | ||
| R1 | 6.8600 | ** | Mar low | S4 | 6.7500 | * | congestion |
Asterisk denotes strength of level
06:45 GMT - Break of the 6.8700/6.8600 support has seen follow-through to break 6.8270 low of February and extend losses from the April 2025 year high. Negative daily and weekly studies see room to the 6.8100 support and 6.8000 figure where reaction can be expected. A later break here will see further slide to 6.7740 support then the 6.7500 congestion. Meanwhile, resistance is lowered to the 6.8600/6.8700, March and 1st April low, which is expected to cap corrective bounce and sustain losses from the recent March highs corrective high at 6.9270/6.9340.