The Chinese yuan strengthened against the U.S. dollar in the pre-European session on Tuesday.

Against the greenback, the yuan rose to a 4-day high of 6.6441 from an early low of 6.6565. At yesterday's close, the yuan was trading at 6.6482 against the greenback.

If the yuan extends its uptrend, it is likely to find resistance around the 6.58 area.

The People Bank of China set today's central parity rate for yuan at 6.6586 per dollar, compared to Monday's reference rate of 6.665. The central bank sets the reference rate every morning and allows the currency to move upto 2 percent from that level.

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