Published: 2025-09-30T02:41:22.000Z
Chart USD/THB Update: Extending corrective gains
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Extending gains to retest resistance at the 32.30/32 area
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 32.68 | ** | 22 Aug high | S1 | 32.10 | * | Jul low | |
| R3 | 32.56 | * | 6 May low | S2 | 32.00 | * | figure | |
| R2 | 32.45/50 | * | 3 Sep high, congestion | S3 | 31.76 | 22 Sep low | ||
| R1 | 32.32 | * | 25 Sep high | S4 | 31.58 | ** | 9 Sep YTD low |
Asterisk denotes strength of level
02:30 GMT - Extending gains to retest resistance at the 32.30/32 area as prices unwind the daily and weekly studies. Clearance here will open up room for stronger gains to retrace the April/September losses to the 32.45/50 area. Higher still, will turn focus to the 32.56/32.68 resistance. Meanwhile, support is raised to the 32.10/32.00 area which is expected to underpin. Break here needed to return focus to the downside for retest of the 31.60/31.58 lows.