After the CPI was released last night, the overall trend was

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After the CPI was released last night, the overall trend was upward. The price of CNY rose from 62,200 to above 66,000. If you haven't gotten on board, don't chase it anymore. The momentum has slowed down. It doesn't mean that it will continue to rise. Don't bet on a breakthrough. From the four-hour chart, the important pressure above is 672k. Only after it breaks through and stabilizes, there will be a substantial rise. The important support below is 65k 63k

After the CPI was released last night, the overall trend was upward. The price of CNY rose from 62,200 to above 66,000. If you haven't gotten on board, don't chase it anymore. The momentum has slowed down. It doesn't mean that it will continue to rise. Don't bet on a breakthrough.
From the four-hour chart, the important pressure above is 672k. Only after it breaks through and stabilizes, there will be a substantial rise.
The important support below is 65k 63k

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