Published: 2025-09-05T02:52:12.000Z
Chart USD/THB Update: Under pressure
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Leaning lower to pressure support at the 32.26/24 lows as prices extend pullback from the 32.68/32.88, August highs
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 32.88 | ** | 1 Aug high | S1 | 32.26/24 | * | Aug lows | |
| R3 | 32.75 | * | congestion | S2 | 32.10 | ** | 24 Jul YTD low | |
| R2 | 32.68 | ** | 22 Aug high | S3 | 32.08 | ** | Feb 2022 year low | |
| R1 | 32.40/50 | * | congestion | S4 | 32.00 | * | figure |
Asterisk denotes strength of level
02:45 GMT - Leaning lower to pressure support at the 32.26/24 lows as prices extend pullback from the 32.68/32.88, August highs. Lower will open up the 32.14 support and 32.10, July current year low, to retest. Below this will extend the broader losses from the 2022 year high to nearby support at 32.08 and the 32.00 figure. Meanwhile, resistance at the 32.40/50 area is expected to cap. Clearance here will ease the downside pressure and extend consolidation towards the 32.68 and 32.80 resistance.