Published: 2026-04-13T03:08:55.000Z
Chart USD/THB Update: Extend consolidation above 31.89 support
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Extending consolidation above support at 31.89 February high as prices unwind the oversold intraday and daily studies
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 32.70 | * | congestion | S1 | 32.00 | * | congestion | |
| R3 | 32.60 | * | congestion | S2 | 31.89 | ** | Feb high | |
| R2 | 32.50 | ** | congestion | S3 | 31.80 | congestion | ||
| R1 | 32.35 | * | 24 Mar low | S4 | 31.60/58 | ** | congestion, 2025 yr low |
Asterisk denotes strength of level
03:00 GMT - Extending consolidation above support at 31.89 February high as prices unwind the oversold intraday and daily studies. Gains see resistance at the 32.35/32.50 congestion area expected to cap and give way to renewed selling pressure later. Meanwhile, support is raised to the 32.00 level and below this will expose the 31.89 support to retest. Break here will return focus to the downside and see extension to 31.60/50 congestion area. Below these will return focus to the 31.00 level and 30.86 January current year low.