Published: 2025-06-26T03:01:58.000Z
Chart USD/THB Update: Under pressure, within reach of 32.31 low
Technical Analyst
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Prices remains under pressure and break of support at the 32.56/32.50 congestion area expose the 32.31 current year low to retest
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 33.25 | * | congestion | S1 | 32.31 | ** | 13 Jun YTD low | |
| R3 | 33.05 | ** | Apr low | S2 | 32.14 | ** | Sep 2024 year low | |
| R2 | 32.80 | * | congestion | S3 | 32.08 | ** | Feb 2022 year low | |
| R1 | 32.60 | * | congestion | S4 | 32.00 | * | congestion |
Asterisk denotes strength of level
03:00 GMT - Prices remains under pressure and break of support at the 32.56/32.50 congestion area expose the 32.31 current year low to retest. Daily studies are tracking lower from overbought readings and highlights risk for break here to extend the broader losses from the November high. Lower and shift focus to the 32.14/32.08, September 2024 and February 2022 year lows. Meanwhile, resistance is lowered to the 32.60 congestion which is expected to cap and sustain rejection from the 33.05 bounce high.