Published: 2025-11-17T02:50:51.000Z
Chart USD/THB Update: Higher in consolidation from 32.30/32.23 support
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Steadied at the 32.30/32.23 support as prices unwind oversold daily studies
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 32.95 | * | 38.2% Nov 2024/Sep fall | S1 | 32.30 | ** | Jun low, congestion | |
| R3 | 32.88/90 | ** | 1 Aug high, congestion | S2 | 32.23 | * | Oct low | |
| R2 | 32.68 | * | 22 Aug high | S3 | 32.10 | ** | Jul low | |
| R1 | 32.50 | * | congestion | S4 | 32.00 | * | figure |
Asterisk denotes strength of level
02:45 GMT - Steadied at the 32.30/32.23 support as prices unwind oversold daily studies and consolidating pullback from the 32.90 October high. Bounce see resistance starting at 32.50 where break will see room for stronger gains to resistance at the 32.63/32.68 area. The latter expected to cap and give way to renewed selling pressure later. Would take break of the 32.30/32.23 lows to to open up room for extension to strong support at the 32.10 July low and the 32.00 figure. Break here will return focus to the 31.60/31.58, September current year low.