Published: 2026-07-30T06:40:55.000Z
Chart USD/CNH Update: Under pressure, 6.7540 low at risk
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Under pressure as break of the 6.7630 Monday's low see prices extending losses from the 6.8200, June swing high
| Level | Imp | Comment | Level | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 6.8200 | ** | Jun high | S1 | 6.7540 | ** | 17 Jun YTD low | |
| R3 | 6.8100 | * | 8 Jul high | S2 | 6.7350 | * | 61.8% 2022/2025 rally | |
| R2 | 6.8000 | * | congestion | S3 | 6.7200 | congestion | ||
| R1 | 6.7800 | ** | 3 Jul low | S4 | 6.7050/00 | ** | congestion, 2023 yr low |
Asterisk denotes strength of level
06:30 GMT - Under pressure as break of the 6.7630 Monday's low see prices extending losses from the 6.8200, June swing high. Break will extend the underlying bear trend from the April 2025 year high and see room to support at 6.7350, 61.8% Fibonacci level. Lower still, will see room to the 6.7050/6.7000 congestion and 2023 year low. However, bullish divergence on weekly studies caution corrective bounce. Would need lift over resistance at the 6.7800 congestion needed to ease the downside pressure and see room for correction to 6.8000 figure.