Published at 06:15 (GMT) 18 Jul
18 Jul USD/THB Daily
06::10 GMT- Corrective strength, spurred by the oversold posture seen on daily tools found resistance at 32.220 and need a sustained lift above latter to warrant further stretch to 200-day MA line at 32.300. Good support is now seen at 32.100 and slip of the latter will signal bears back in control. [W.T]
R5: 32.39 9 Jul high
R4: 32.37 2/3 Jul lows
R3: 32.35 16 Jun low
R2: 32.30 * 200-day MA line
R1: 32.22 * 11 Jul high
S1: 32.10 * 19 Mar/16,17 Jul lows
S2: 32.01 * 50% of 30.88-33.145 up-leg
S3: 31.99 16 Dec low
S4: 31.95 * 11 Dec low
S5: 31.85 22 Nov high
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