Published: 2025-12-08T02:39:22.000Z
Chart USD/THB Update: Extending October losses
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Still heavy as prices extend break of the 32.00 level and see scope to the 31.76 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 | 32.13 | * | Jul low | S3 | 31.50 | * | congestion | |
| R1 | 32.00 | * | congestion | S4 | 31.30 | congestion |
Asterisk denotes strength of level
02:35 GMT - Still heavy as prices extend break of the 32.00 level and see scope to the 31.76 support. 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 expected to cap. Regaining these will see room for stronger bounce to retrace losses from the October high to strong resistance at the 32.30 congestion.