Published: 2026-03-24T03:34:46.000Z
Chart USD/THB Update: Lower in consolidation from 33.05 high
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Saw sharp rejection from test of resistance at the 33.00/05 area as prices consolidate strong gains from the 31.00 February low
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 33.50 | * | congestion | S1 | 32.20 | * | congestion | |
| R3 | 33.42 | * | 61.8% 2025/Jan fall | S2 | 32.00 | * | congestion | |
| R2 | 33.20 | * | congestion | S3 | 31.89 | ** | Feb high | |
| R1 | 33.00/05 | * | figure, Jun high | S4 | 31.70 | * | 29 Dec high |
Asterisk denotes strength of level
03:25 GMT - Saw sharp rejection from test of resistance at the 33.00/05 area as sharp pullback from the latter put bulls on hold as prices consolidate strong gains from the 31.00 February low. Daily studies are unwinding overbought readings and suggest room for deeper pullback from the 33.05 high. Break of the support at the 32.20 congestion will see room for deeper pullback to the 32.00 level and 31.89 support. Meanwhile, resistance at the 33.00/05 area is expected to cap. Clearance will open up room for extension to 33.20 congestion.