Published: 2025-11-07T02:57:07.000Z
Chart USD/THB Update: Under pressure, room to retest 32.30/32.23 support
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Consolidation at the 32.50 congestion has given way to break to extend pullback from the 32.63 high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 32.95 | * | 38.2% Nov 2024/Sep fall | S1 | 32.30 | ** | Jun low, congestion | |
| R3 | 32.88 | ** | 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
02:50 GMT - Consolidation at the 32.50 congestion has given way to break to extend pullback from the 32.63 high. Daily and weekly studies have turned down from overbought areas and see room to extend pullback from the 32.90 highs. Nearby see room to retest 32.30 congestion and 32.23, October low. Break here will open up room for deeper pullback to strong support at the 32.10 July low and the 32.00 figure. Meanwhile, resistance is lowered to 32.50/32.63 area which is expected to capand sustain losses from 32.90 high.