Published: 2026-06-11T02:46:32.000Z
Chart USD/THB Update: Pressuring 33.00/05 March highs
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Pressure remains on the upside and extension has seen gains to retest the 33.00/05 March current year 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 resistance at 32.80/90 has seen gains to retest the 33.00/05 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 current year low and see room for stronger gains to retrace losses from the 2023/2024 year highs. Meanwhile, support is raised to 32.80 congestion which should underpin. Below here will ease the upside pressure and see room for deeper pullback to strong support at the 32.60/32.40 congestion.