Published: 2025-10-27T03:11:14.000Z
Chart USD/THB Update: Settling back from test of 32.88 resistance
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Settling back from test of the 32.88 August high as prices unwind overbought daily studies
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 33.37 | * | Feb low | S1 | 32.68 | * | 22 Aug high, congestion | |
| R3 | 33.29 | * | 50% Apr/Sep fall | S2 | 32.50 | * | congestion | |
| R2 | 33.00/05 | ** | congestion, Jun high | S3 | 32.30 | ** | Jun low, congestion | |
| R1 | 32.88 | * | Aug high | S4 | 32.10 | * | Jul low |
Asterisk denotes strength of level
03:00 GMT - Settling back from test of the 32.88 August high as prices unwind overbought daily studies and retrace gains from the 31.58, September low. Below the 32.68 support will open up room to support at the 32.50/42, congestion and 16 October low, which is expected to underpin. Break here will return focus to the downside and see room to strong support at the 32.30/32.10 area and July low. Meanwhile, resistance at the 32.88/41 area now expected to cap.