Published: 2025-09-19T02:58:48.000Z
Chart USD/THB Update: Higher in consolidation from 31.58 low
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Higher in choppy trade from the 31.58 low as prices consolidate losses from the August high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 32.45 | 3 Sep high | S1 | 31.58 | ** | 9 Sep YTD low | ||
| R3 | 32.24 | * | Aug low | S2 | 31.50 | * | congestion | |
| R2 | 32.10/14 | ** | Jul, 2024 year lows | S3 | 31.20 | * | congestion | |
| R1 | 32.00 | * | congestion | S4 | 31.05 | * | Jun 2021 low |
Asterisk denotes strength of level
02:50 GMT - Higher in choppy trade from the 31.58 low as prices consolidate losses from the August high. Daily studies have turned up from oversold readings and suggest scope for stronger bounce to the 32.00 level. Clearance here will open up room for stronger recovery to strong resistance at the 32.10/32.14, the July and 2024 year lows. This is expected to cap and sustain losses from the 35.00, April current year high. Meanwhile, support at the 31.60/58 lows now underpin. Break here will see room to 31.50 congestion then the support at 31.20 congestion and 31.05, June 2021 low.