Published: 2026-07-14T02:39:58.000Z
Chart USD/CNH Update: Extend consolidation above 6.7800
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Little change, as prices extend consolidation above 6.7800 congestion
| Level | Imp | Comment | Level | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 6.8500 | ** | 29 Apr high | S1 | 6.7800 | * | congestion | |
| R3 | 6.8270 | * | congestion, Feb low | S2 | 6.7540 | ** | 17 Jun YTD low | |
| R2 | 6.8200 | ** | Jun high | S3 | 6.7350 | * | 61.8% 2022/2025 rally | |
| R1 | 6.8000 | * | congestion | S4 | 6.7200 | congestion |
Asterisk denotes strength of level
02:35 GMT - Little change, as prices extend consolidation above 6.7800 congestion following pullback from the 6.8100 high. Consolidation is expected to give way to break later to extend losses from the 6.8200 June high, lower will see room for retest of 6.7600 congestion then the 6.7540, June current year low. Meanwhile, resistance at the 6.8000/6.8100 congestion and 8 July high is expected to cap. Break here will clear the way for retest of 6.8200 high and see room for stronger corrective gains to retrace losses from the April 2025 year high.