Published: 2025-08-27T03:04:38.000Z
Chart USD/THB Update: Higher in range from 32.30 support
Technical Analyst
-
Higher in range from the 32.30 low of last week as prices retrace pullback from the 32.68 high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 32.88 | ** | 1 Aug high | S1 | 32.30 | * | Jun low | |
| R3 | 32.75 | * | congestion | S2 | 32.23 | ** | 14 Aug low | |
| R2 | 32.68 | ** | 22 Aug high | S3 | 32.10 | ** | 24 Jul YTD low | |
| R1 | 32.60 | * | congestion | S4 | 32.08 | ** | Feb 2022 year low |
Asterisk denotes strength of level
03:00 GMT - Higher in range from the 32.30 low of last week as prices retrace pullback from the 32.68 high. Bounce see resistance at the 32.50/60 congestion area and clearance here will expose the 32.68 high to retest. Break here will open up room to resistance at 32.75 then the critical 32.88 1st August high, which is expected to cap. Clearance will open up room for stronger recovery to retrace the April/July losses. Meanwhile, support at the 32.40/32.30 area now underpin. Break will expose the 32.23 and 32.10 lows to retest.