Published: 2026-05-25T06:37:25.000Z
Chart USD/CNH Update: Room to extend losses
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Consolidation above the 6.7815 low has given way to renewed selling pressure from the 6.8200/70 resistance
| Level | Imp | Comment | Level | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 6.8600 | * | 11 Mar low | S1 | 6.7815 | ** | 14 May YTD low | |
| R3 | 6.8500 | ** | 29 Apr high, congestion | S2 | 6.7750 | * | congestion | |
| R2 | 6.8200/70 | ** | congestion, Feb low | S3 | 6.7500 | * | congestion | |
| R1 | 6.8000 | * | congestion | S4 | 6.7350 | * | 61.8% 2022/2025 rally |
Asterisk denotes strength of level
06:30 GMT - Consolidation above the 6.7815 low has given way to renewed selling pressure following rejection from the 6.8200/70 resistance. Lower will see extension of losses from the April 2025 year high and see room to support at the 6.7750 and 6.7500 congestion area. Lower still, will see scope to 6.7350, 61.8% Fibonacci retracement. Meanwhile, resistance is lowered to the 6.8000 congestion which is expected to cap and sustain rejection from strong resistance at the 6.8200/70 area and February low.