Published: 2025-11-13T02:47:00.000Z
Chart USD/THB Update: Higher in consolidation from 32.30 support
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Edged up in consolidation from the 32.30 support as prices unwind oversold the intraday and daily studies
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 32.95 | * | 38.2% Nov 2024/Sep fall | S1 | 32.30 | ** | Jun low, congestion | |
| R3 | 32.88 | ** | 1 Aug high, congestion | S2 | 32.23 | * | Oct low | |
| R2 | 32.68 | * | 22 Aug high | S3 | 32.10 | ** | Jul low | |
| R1 | 32.50 | * | congestion | S4 | 32.00 | * | figure |
Asterisk denotes strength of level
02:45 GMT - Edged up in consolidation from the 32.30 support as prices unwind oversold the intraday and daily studies. Nearby see resistance starting at 32.50 level and clearance will see room for stronger bounce to retest resistance at the 32.63/32.68 area. The latter is expected to cap and give way to renewed selling pressure later to retest support at the 32.30 and 32.23 lows. Break here will extend pullback from the 32.90 October high and open up room for extension to strong support at the 32.10 July low and the 32.00 figure.