Published: 2025-12-10T02:50:49.000Z
Chart USD/THB Update: Still heavy
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Pressure remains on the downside as prices extend break of the 32.10/32.00 support
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 32.50 | ** | congestion | S1 | 31.76 | * | 22 Sep low | |
| R3 | 32.30 | ** | congestion | S2 | 31.58 | ** | 9 Sep YTD low | |
| R2 | 32.10 | * | Jul low | S3 | 31.50 | * | congestion | |
| R1 | 32.00 | * | congestion | S4 | 31.30 | congestion |
Asterisk denotes strength of level
02:35 GMT - Pressure remains on the downside as prices extend break of the 32.10/32.00 support. Nearby see support at 31.76 now within reach, below this will see room for extension to retest the 31.58, September current year low. Break here will extend the broader losses from the 2022 year high and see room to support at 31.30 and the 31.00 figure. Meanwhile, resistance at the 32.00/32.10 congestion and July low is expected to cap. Regaining this will fade the downside pressure and see room for stronger bounce to retrace losses from the October high.