Published: 2026-10-12T03:00:04.000Z
Chart USD/CNH Update: Weighing on 6.6910 current year low
2
Under pressure as break of the 6.7000 level see prices back to retest the 6.6910 September current year low
| Level | Imp | Comment | Level | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 6.7500/40 | ** | congestion, Jun low | S1 | 6.6910 | ** | 21 Sep YTD low | |
| R3 | 6.7400 | * | 7 Aug low, congestion | S2 | 6.6700 | ** | 2023 year low | |
| R2 | 6.7250 | * | congestion | S3 | 6.6500 | * | congestion | |
| R1 | 6.7000 | * | figure | S4 | 6.6160 | * | Jun 2022 low |
Asterisk denotes strength of level
03:00 GMT - Under pressure as break of the 6.7000 level see prices back to retest the 6.6910 September current year low. Daily studies are stretched but pressure remains firmly on the downside and see risk for break here to extend the underlying bear trend from the 2025 year high. Lower will see scope to the 6.6700/6.6500, 2023 year low and congestion area. Meanwhile, resistance is lowered to the 6.7000 level. Would need to regain this to see room for stronger bounce back to retest resistance at the 6.7200/6.7250 area.