Published: 2025-09-26T03:02:15.000Z
Chart USD/THB Update: Extending corrective gains
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Break of the 32.00/10 resistance see prices extending gains from the 31.58 low to reach resistance at 32.30
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 32.68 | ** | 22 Aug high | S1 | 32.10 | * | Jul low | |
| R3 | 32.50/56 | * | congestion, 6 May low | S2 | 32.00 | * | figure | |
| R2 | 32.45 | * | 3 Sep high | S3 | 31.76 | 22 Sep low | ||
| R1 | 32.30 | * | congestion | S4 | 31.58 | ** | 9 Sep YTD low |
Asterisk denotes strength of level
03:00 GMT - Break of the 32.00/10 resistance see prices extending gains from the 31.58 low to reach resistance at the 32.30 congestion. Daily and weekly studies are tracking higher and suggest room for stronger recovery to retrace the April/September losses. Higher will see room to resistance at the 32.45/32.50 area and 32.68, 22 August high. Meanwhile, support is raised to the 32.10/32.00 area which is now expected to underpin. Break here needed to return focus to the downside for retest of the 31.60/31.58 lows.