Published: 2026-06-10T02:53:19.000Z
Chart USD/THB Update: Scope to retest 33.05 March high
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Pressure remains on the upside and break above the 32.80/32.90 resistance see scope for extension to retest the 33.05 March high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 33.50 | ** | congestion | S1 | 32.80 | * | congestion | |
| R3 | 33.42 | * | 61.8% Apr 2024/Jan fall | S2 | 32.60 | * | congestion | |
| R2 | 33.20 | * | congestion | S3 | 32.40 | ** | congestion | |
| R1 | 33.05 | ** | 23 Mar YTD high | S4 | 32.20 | * | congestion |
Asterisk denotes strength of level
02:50 GMT - Pressure remains on the upside and break above the 32.80/32.90 resistance see scope for extension to retest the 33.05 March current year high. Would expect reaction here but a later break cannot be ruled out. Clearance will confirm a bottom pattern at the January YTD low and see room for stronger gains to retrace losses from the 2023/2024 year highs. Meanwhile, support is raised to 32.80 congestion. Below here will ease the upside pressure and see room for deeper pullback to strong support at the 32.60/32.40 congestion.