Published: 2025-09-11T02:51:12.000Z
Chart USD/THB Update: Higher in consolidation from 31.60/50 support
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Edged up from test of support at the 31.60/50 congestion area as prices unwind the oversold intraday and daily studies
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 32.40/50 | * | congestion | S1 | 31.60 | * | Apr 2021 high | |
| R3 | 32.24 | * | Aug low | S2 | 31.50 | * | congestion | |
| R2 | 32.10/14 | ** | Jul, 2024 year lows | S3 | 31.20 | * | congestion | |
| R1 | 31.80 | * | congestion | S4 | 31.05 | * | Jun 2021 low |
Asterisk denotes strength of level
02:45 GMT - Edged up from test of support at the 31.60/50 congestion area as prices unwind the oversold intraday and daily studies. However, the downside still vulnerable and corrective bounce is expected to give way to renewed selling pressure later. Lower will see room for extension to the 31.20 congestion and 31.05, June 2021 low. Meanwhile, resistance is at 31.80 and this extend to 32.10/32.14, the July and 2024 year lows. These are expected to cap and sustain losses from the 35.00, April current year high.