Published: 2026-07-27T03:12:43.000Z
Chart USD/THB Update: Extending pullback
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Consolidation below 33.87 high has given way to pullback as prices unwind deep overbought daily studies
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 34.10 | * | Dec 2023 low | S1 | 33.50 | * | congestion | |
| R3 | 34.00 | * | 76.4% 2025/2026 fall | S2 | 33.25 | 10 Jul low | ||
| R2 | 33.87 | * | 23 Jul YTD high | S3 | 33.12 | ** | 3 Jul low | |
| R1 | 33.65 | 15 Jul high | S4 | 33.00/05 | ** | congestion, Mar high |
Asterisk denotes strength of level
03:10 GMT - Consolidation below 33.87 high has given way to pullback as prices unwind deep overbought daily studies following recent strong gains from 33.12 low. Weekly studies are stretched as well as suggest room for deeper correction of strong gains from the 31.74 April low. Break of support at the 33.50/33.48 congestion and June high will fade the upside pressure and open up room for deeper pullback to 33.25 support and 33.12, 3 July low. Meanwhile, resistance is lowered to 33.65/33.70 area which should cap and sustain pullback from the 33.87 high.