Published: 2025-11-28T02:30:46.000Z
Chart USD/THB Update: Still heavy, room to 32.10/32.00
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Steadied at the 32.20 low as prices unwind oversold intraday studies
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 32.68 | * | 22 Aug high | S1 | 32.10 | ** | Jul low | |
| R3 | 32.63 | ** | 4 Nov high | S2 | 32.00 | * | figure | |
| R2 | 32.50 | ** | congestion | S3 | 31.76 | 22 Sep low | ||
| R1 | 32.30 | * | congestion | S4 | 31.58 | ** | 9 Sep YTD low |
Asterisk denotes strength of level
02:30 GMT - Steadied at the 32.20 low as prices unwind oversold intraday studies. However, pressure remains on the downside and lower will extend the rejection from the 32.90/32.91, October high. Break will see room to strong support at the 32.10 July low and the 32.00 figure where reaction is expected. Below this will see room to support at 31.76 but focus will return to the 31.58, September current year low. Meanwhile, resistance remain at the 32.30/50 congestion which is expected to cap corrective bounce.