Published: 2026-03-23T02:56:10.000Z
Chart USD/THB Update: Extending gains
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Extending gains as break above the 32.94 high of last week see extension to reach fresh year high at the 33.00/05 area
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 33.50 | * | congestion | S1 | 32.55/50 | * | 16 Mar high, congestion | |
| R3 | 33.42 | * | 61.8% 2025/Jan fall | S2 | 32.20 | * | congestion | |
| R2 | 33.20 | * | congestion | S3 | 32.00 | * | congestion | |
| R1 | 33.00/05 | * | figure, Jun high | S4 | 31.89 | ** | Feb high |
Asterisk denotes strength of level
02:50 GMT - Extending gains as break above the 32.94 high of last week see extension to reach fresh year high at the 33.00/05 area. Bullish gains from the February low keep pressure on the upside and clearance here will see room to the 33.20 congestion. However, the daily and weekly studies are overbought and caution corrective pullback with support starting at the 32.55/32.50 congestion area. Would take break here to open up room for deeper pullback to strong support at the 32.20/32.00 area and extending to 31.89 February high.