Published: 2026-06-17T02:32:19.000Z
Chart USD/THB Update: Weighing on 32.50 support, break in focus
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Weighing on support at the 32.50 congestion with consolidation here expected to give way for push lower
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 33.20 | * | congestion | S1 | 32.50 | * | congestion | |
| R3 | 33.00/05 | ** | congestion, 23 Mar YTD high | S2 | 32.40 | ** | 25 May low, congestion | |
| R2 | 32.90 | * | Oct high | S3 | 32.20 | * | congestion | |
| R1 | 32.80 | * | May high | S4 | 32.03/00 | ** | 6 May low, congestion |
Asterisk denotes strength of level
02:30 GMT - Weighing on support at the 32.50 congestion with consolidation here expected to give way for push lower as prices unwind overbought daily and weekly studies. Lower will open up room for deeper pullback to retrace gains from the 32.03 May low and see room to strong support at the 32.40 congestion. Break of the latter will return focus to the downside to support at the 32.20 congestion and 32.03 low. Meanwhile, resistance remains at 32.80 May high which is expected to cap and sustain losses from the 33.00 high of last week.