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Published: 2025-11-20T03:00:58.000Z

Chart USD/THB Update: Higher in consolidation to pressure 32.50 range high

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Higher in consolidation to pressure resistance at the 32.50 range high

 Level Comment  Level Comment
R432.90**Oct high S132.30**Jun low, congestion       
R332.80*congestion S232.23*Oct low
R232.68*22 Aug high              S332.10**Jul low
R132.50*congestion S432.00*figure

Asterisk denotes strength of level

02:50 GMT - Higher in consolidation to pressure resistance at the 32.50 range high. Break here will open up room for stronger gains to resistance at the 32.63/32.68 area which is expected to cap and give way to renewed selling pressure later. Clearance here, if seen, will turn focus to the 32.80 congestion and 32.90 October high. Meanwhile, support at the 32.30/32.23 lows now underpin. Would take break here to open up room for deeper pullback to strong support at the 32.10 July low and the 32.00 figure.

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Topics
USD/THB-TA
EM-Technical
Technical Analysis

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