Published: 2025-10-14T02:50:52.000Z
Chart USD/THB Update: Extending pullback from 32.82 high
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Settled back from the 32.82 high as prices consolidate gains from the 31.60/31.58 September lows
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 33.00/05 | ** | congestion, Jun high | S1 | 32.50 | ** | congestion | |
| R3 | 32.88 | ** | 6 May low, 38.2% | S2 | 32.30 | ** | Jun low, congestion | |
| R2 | 32.82 | * | 9 Oct high | S3 | 32.10 | * | Jul low | |
| R1 | 32.68 | 22 Aug high | S4 | 32.00 | * | congestion |
Asterisk denotes strength of level
02:45 GMT - Settled back from the 32.82 high as prices consolidate gains from the 31.60/31.58 September lows. Daily studies are unwinding overbought daily studies and see risk for break of the 32.50 support to open up room for deeper pullback to support at the 32.30 congestion. Lower still, will see room for extension to the 32.10/32.00 area. Meanwhile, resistance at 32.68 and extending to 32.82 swing high are expected to cap and sustain bearish structure from the 35.00 April current year high.