Published: 2026-07-27T06:29:12.000Z
Chart USD/CNH Update: Drifting narrowly above 6.7635 low
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Drifting within a narrow range from the 6.7635 low as prices consolidate losses from the 6.8200 June high
| Level | Imp | Comment | Level | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 6.8200 | ** | Jun high | S1 | 6.7635 | * | 21 Jul low | |
| R3 | 6.8100 | * | 8 Jul high | S2 | 6.7540 | ** | 17 Jun YTD low | |
| R2 | 6.8000 | * | congestion | S3 | 6.7350 | * | 61.8% 2022/2025 rally | |
| R1 | 6.7800 | ** | 3 Jul low | S4 | 6.7200 | congestion |
Asterisk denotes strength of level
06:25 GMT - Drifting within a narrow range from the 6.7635 low as prices consolidate losses from the 6.8200 June high. Bounce see resistance starting at 6.7800 and lift over this is needed to ease the downside pressure and see room for stronger bounce to retrace losses from the 6.8200 June high. Above 6.7800 will see room for consolidation to the 6.8000 level. Meanwhile, break of the 6.7635 low will expose 6.7540 June current year low to retest and see scope to extend the underlying bear trend from the April 2025 year high to 6.7200/6.7000 congestion.