Continuum Economics
  • Search
  • About Us
  • Buy
  • Invite A Friend
  • My Basket
  • Articles
  • Calendar
  • Forecasts
  • Events
  • Data
  • Newsletters
  • My Alerts
  • Community
  • Directory
  • About Us
  • Buy
  • Invite A Friend
  • My Basket
  • Articles
    • All
    • Thematic
    • Tactical
    • Asia
    • EMEA
    • Americas
    • Newsletters
    • Freemium
    • Editor's Choice
    • Most Viewed
    • Most Shared
    • Most Liked
  • Calendar
    • Interactive
      • China
      • United States
      • Eurozone
      • United Kingdom
    • Month Ahead
    • Reviews
    • Previews
  • Forecasts
    • Forecasts
    • Key Views
  • Events
    • Media
    • Conference Calls
  • Data
    • Country Insights
    • Shadow Credit Ratings
    • Full CI Data Download
  • Newsletters
  • My Alerts
  • Community
    • FX
    • Fixed Income
    • Macro Strategy
    • Credit Markets
    • Equities
    • Commodities
    • Precious Metals
    • Renewables
  • Directory
  • My Account
  • Notifications Setup
  • Administration Panel
  • Account Details
  • Recent Devices
  • Distribution Lists
  • Shared Free Trials
  • Saved Articles
  • Shared Alerts
  • My Posts
Published: 2025-10-08T02:44:02.000Z

Chart USD/CNH Update: Pressuring 7.1500 resistance

-

Still limited above the 7.1500 resistance but pressure remains on the upside

 LevelImpComment  LevelImpComment
R47.2000**congestion                    S17.1200**19 Sep high
R37.1900*congestion S27.1000*congestion
R27.1650/80*congestion, 14 Aug low S37.0850**17 Sep YTD low
R17.1500**congestion S47.0800*76.4% Sep 2024/Apr rally

Asterisk denotes strength of level

02:40 GMT - Still limited above the 7.1500 resistance but pressure remains on the upside. Break here will confirm a bottom pattern in place at the 7.0850 September current year low and see room for stronger gains to retrace the April/September losses. Higher will see extension to the 7.1650/80 resistance and 7.1900/7.200 congestion area. Meanwhile, support at the 7.1200 congestion is expected to underpin. Below this will return focus to the downside for retest of 7.1000 level and 7.0850 low.

Continue to read the article for free
Login

or

or

Topics
USD/CNH-TA
EM-Technical
Technical Analysis

GENERAL

  • Home
  • About Us
  • Our Team
  • Careers

LEGAL

  • Terms and Conditions
  • Privacy Policy
  • Compliance
  • GDPR

GET IN TOUCH

  • Contact Us
Continuum Economics
The Technical Analyst Awards Winner 2021
The Technical Analyst Awards Finalist 2020
image