Published: 2025-08-18T02:59:44.000Z
Chart USD/THB Update: Extending choppy trade within 32.50/32.30 range
Technical Analyst
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Little change, as prices extend consolidation above the 32.30 support and unwind the oversold daily studies
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 33.05 | ** | Jun high | S1 | 32.30 | * | Jun low | |
| R3 | 32.88 | ** | 1 Aug high | S2 | 32.10 | ** | 24 Jul YTD low | |
| R2 | 32.75 | * | congestion | S3 | 32.08 | ** | Feb 2022 year low | |
| R1 | 32.50 | * | congestion | S4 | 32.00 | * | congestion |
Asterisk denotes strength of level
02:50 GMT - Little change, as prices extend consolidation above the 32.30 support and unwind the oversold daily studies. Ranging action see pressure returning to resistance at the 32.50 congestion and clearance here will open up room for stronger bounce to retest the 32.60/32.75 resistance. Beyond this, will expose the 32.88 high to retest. Corrective gains are expected to give way to renewed selling pressure later. Below 32.30 will expose the 32.10 current year low to retest and see scope to extend the broader losses from 2022 year high to the to retest the 32.08 support and the 32.00 level.