USD/CNH Technical Analysis: 6.74 is the level to beat for the bulls

• USD/CNH's bearish-to-bullish trend change would be complete if and when the spot breaks above 6.74. 
• The pair has already established a higher low at 6.70 on March 13 and a break above 6.74 would establish a higher high. Therefore, 6.74 is the level to beat for the bull. A close above that level would open up upside toward 6.7845. 
• A close below 6.70 would weaken the prospects of a move above 6.74. 

4-hour chart

Trend: Bull above 6.74