Published at 01:43 (GMT) 09 May

Chart USD/THB Update: Sustaining upmove from 30.69 low (GDZC4701)

09 May USD/THB Daily
01:22 GMT - Suspending above the 30.960 low set last session is expected to give a supportive tone to this currency pair during intraday trading and bulls will have to take out the strong
resistances at 31.055/065 to gain upside footing. Below 30.960 support will help tilt pressure towards downside. [W.T]

R5: 31.245 * 3 Jan low
R4: 31.200 * 21/23 Dec lows
R3: 31.13 31 Jan high
R2: 31.065 * 50% of 31.925-30.21 drop
R1: 31.055 * 4 Apr high

S1: 30.96 8 May low
S2: 30.885 4 May low
S3: 30.85 3 May low
S4: 30.73 2 May low
S5: 30.69 * 30 Apr low