Skip to content
Back to Guavy Wire
Forex

USD/CNH Consolidates Near 6.72, Major Resistance Looms

Instruments
USD
Share

The USD/CNH pair has been consolidating near the 6.72 level, with momentum easing after reaching a high of 6.7200.

This consolidation is expected to be brief, as the US dollar attempts another push higher.

The pair's recent move above 6.7080 has altered its short-term dynamics, with a test of 6.7250 and major resistance at 6.7330 on the horizon.

More on Forex

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc