Published: 2025-12-22T02:52:37.000Z
Chart USD/THB Update: Still heavy
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Under pressure, as prices weighs on the 31.36 current year low and threatens break here to extend losses from the 2022 year high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 32.10 | ** | Jul low | S1 | 31.36 | * | 18 Dec YTD low | |
| R3 | 32.00 | * | congestion | S2 | 31.30 | * | congestion | |
| R2 | 31.80 | * | congestion | S3 | 31.00 | * | figure, congestion | |
| R1 | 31.58/60 | * | Sep low, congestion | S4 | 30.80 | * | congestion |
Asterisk denotes strength of level
02:45 GMT - Under pressure, as prices weighs on the 31.36 current year low and threatens break here to extend losses from the 2022 year high. Lower will see room for extend to the 31.30 congestion then the 31.00 level. However, the stretched daily and weekly studies caution corrective bounce to retrace losses from the October swing high. Meanwhile, resistance remains at the 31.58/60, September low. Lift over this will ease the downside pressure and see room for stronger corrective bounce to resistance at the 31.80/32.00 congestion area.