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Published: 2025-11-27T02:44:05.000Z

Chart USD/THB Update: Extending losses

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Under pressure, as break of support at the 32.30/32.23 lows extend rejection from the 32.90/32.91 October high

 Level Comment  Level Comment
R432.68*22 Aug high      S132.10**Jul low
R332.63**4 Nov high S232.00*figure
R232.50**congestion S331.76 22 Sep low
R132.30*congestion S431.58**9 Sep YTD low

Asterisk denotes strength of level

02:40 GMT - Under pressure, as break of support at the 32.30/32.23 lows extend rejection from the 32.90/32.91 October high. Lower will see room to strong support at the 32.10 July low and the 32.00 figure where reaction is expected. Below here will see room to support at 31.76 but focus will return to the 31.58, September current year low. Meanwhile, resistance remain at the 32.30/50 congestion area which is expected to cap corrective bounce and sustains losses from the 32.90/91, October swing high.

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Topics
USD/THB-TA
EM-Technical
Technical Analysis

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