Published: 2026-05-19T02:33:37.000Z
Chart USD/THB Update: Consolidating, room for higher later
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Settled back from the 32.78 high as prices consolidate gains from the 32.03, 6 May low
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 33.20 | * | congestion | S1 | 32.50/40 | ** | congestion | |
| R3 | 33.05 | ** | 23 Mar YTD high | S2 | 32.20 | * | congestion | |
| R2 | 32.90 | * | Oct high | S3 | 32.03 | ** | 6 May low | |
| R1 | 32.80/85 | ** | congestion | S4 | 31.90 | * | Feb high |
Asterisk denotes strength of level
02:30 GMT - Settled back from the 32.78 high as prices consolidate gains from the 32.03, 6 May low. Pressure remain on the upside and see room to strong resistance at the 32.80/32.85 congestion and 30 April high. Clearance here will return focus to the 32.90 October high and see potential for extension to retest 33.05, 23 March current year high. Break here will further extend gains from the January low to retrace losses from the 35.00, April 2025 year high. Meanwhile, support is raised to the 32.50/40 congestion area which should underpin and sustain gains from the 32.03 low.