Published: 2025-09-18T03:07:15.000Z
Chart USD/THB Update: Extend consolidation above 31.58 low
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Little change, as prices extend choppy trade above the 31.58 low to consolidate losses from the August high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 32.45 | 3 Sep high | S1 | 31.58 | ** | 9 Sep YTD low | ||
| R3 | 32.24 | * | Aug low | S2 | 31.50 | * | congestion | |
| R2 | 32.10/14 | ** | Jul, 2024 year lows | S3 | 31.20 | * | congestion | |
| R1 | 32.00 | * | congestion | S4 | 31.05 | * | Jun 2021 low |
Asterisk denotes strength of level
02:50 GMT - Little change, as prices extend choppy trade above the 31.58 low to consolidate losses from the August high. Shallow bounce keeps pressure on the downside and see risk for break to extend the broader losses from the September 2022 year high. Lower through the 31.58 low and 31.50 congestion will see extension to support at the 31.20 congestion and 31.05, June 2021 low. Meanwhile, resistance is at 32.00 level which extend to 32.10/32.14, the July and 2024 year lows, expected to cap and sustain losses from the 35.00, April current year high.