Forex - Chart USD/THB Update: Still weak, focus on 32.220 low


Published at 03:12 (GMT) 06 Mar

   

Chart USD/THB Update: Still weak, focus on 32.220 low (EBIC6901)

06 Mar USD/THB Daily
Pressure remains on the downside following the breakdown from the 32.450 support and see strong support at 32.220 low now within reach. Near-term tools now stretched and see scope for bounce though upside see resistance now at the 32.450 low of last week. [P.L]

R5:: 32.74 6 Feb low R4: 32.67 * 19 Feb high
R3: 32.64 27 Feb high
R2: 32.56 4 Mar high
R1: 32.45 25 Feb low, break

S1: 32.26 18 Feb low
S2: 32.22 * 17 Feb low
S3: 32.16 12 Dec high, break
S4: 32.01 * 50% of 30.88-33.145 up-leg
S5: 31.99 16 Dec low

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