Published: 2026-06-15T06:08:35.000Z
Chart USD/CNH Update: Extending losses to fresh year low
1
Under pressure, as prices extend losses through the 6.7580 low to reach fresh intraday year low at 6.7555
| Level | Imp | Comment | Level | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 6.8215/70 | ** | 18 May high, Feb low | S1 | 6.7500 | * | congestion | |
| R3 | 6.8000/60 | * | congestion, Apr low | S2 | 6.7350 | * | 61.8% 2022/2025 rally | |
| R2 | 6.7920 | ** | 8 Jun high | S3 | 6.7200 | congestion | ||
| R1 | 6.7800 | * | congestion | S4 | 6.7000 | ** | congestion |
Asterisk denotes strength of level
06:05 GMT - Under pressure, as prices extend losses through the 6.7580 low to reach fresh intraday year low at 6.7555. Lower will extend losses from the April 2025 year high and see room to support at the 6.7500 level and 6.7350, 61.8% Fibonacci retracement. Below this will see room to 6.7200 congestion then 6.7000 figure and 6.6975, 2023 year low. Meanwhile, resistance is at the 6.7800 congestion and this extend to 6.7920, 8 June high. Would take break here to open up room for stronger correction to retrace losses from the 6.9435 March swing high.