Published: 2025-12-02T03:24:17.000Z
Chart USD/THB Update: Consolidating at 32.00 level
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Limited on break of the 32.00 level as prices turned up from the 31.90 low to consolidate losses from the 32.50 high of last week.
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 32.50 | ** | congestion | S1 | 31.76 | * | 22 Sep low | |
| R3 | 32.30 | ** | congestion | S2 | 31.58 | ** | 9 Sep YTD low | |
| R2 | 32.23 | * | Oct low | S3 | 31.50 | * | congestion | |
| R1 | 32.10 | * | Jul low | S4 | 31.30 | congestion |
Asterisk denotes strength of level
03:15 GMT - Limited on break of the 32.00 level as prices turned up from the 31.90 low to consolidate losses from the 32.50 high of last week. Prices are unwinding oversold intraday and daily studies and suggest scope for corrective bounce to resistance at the 32.10, July low. Regaining this, if seen, will see room for stronger bounce to resistance at the 32.23/32.30 area which is expected to cap. Corrective bounce is expected to give way to renewed selling pressure later. Below 31.90 low will see room to 31.76 support then the 31.58, September current year low.