Published: 2026-04-14T03:03:28.000Z
Chart USD/THB Update: Consolidating above 32.00/31.89 support
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Rejection from the 32.40/32.50 resistance has seen prices settling back in consolidation at the 32.00/31.89 support
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 32.70 | * | congestion | S1 | 32.00 | * | congestion | |
| R3 | 32.60 | * | congestion | S2 | 31.89 | ** | Feb high | |
| R2 | 32.40/50 | ** | congestion | S3 | 31.60/58 | ** | congestion, 2025 yr low | |
| R1 | 32.20 | * | congestion | S4 | 31.50 | congestion |
Asterisk denotes strength of level
03:00 GMT - Rejection from the 32.40/32.50 resistance has seen prices settling back in consolidation at the 32.00/31.89 support as prices unwind oversold daily studies. However, this is expected to give way to renewed selling pressure later and where will further retrace the January/March gains. Lower will see room to strong support at the 31.60/31.58, congestion and 2025 year low. Meanwhile, resistance is lowered to 32.20 congestion which is expected to cap and sustain losses from the 33.05, March current year high.