Published: 2025-12-01T02:28:33.000Z
Chart USD/THB Update: Consolidating test of 32.10/32.00 area
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Consolidating test of strong support at the 32.10/32.00 area
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 32.63 | ** | 4 Nov high | S1 | 32.10 | ** | Jul low | |
| R3 | 32.50 | ** | congestion | S2 | 32.00 | * | figure | |
| R2 | 32.30 | * | congestion | S3 | 31.76 | 22 Sep low | ||
| R1 | 32.20 | * | congestion | S4 | 31.58 | ** | 9 Sep YTD low |
Asterisk denotes strength of level
02:25 GMT - Consolidating test of strong support at the 32.10/32.00 area as prices unwind oversold intraday studies but pressure remains on the downside following pullback from the 32.50 resistance. Break of the 32.00 figure will see room for extension to support at the 31.80/76 area but focus will return to the 31.58, September current year low. Meanwhile, resistance is lowered to 32.20/32.30 congestion area which is expected to cap corrective bounce and sustain losses from the 32.90, October high.