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Published: 2026-05-25T03:08:27.000Z

Chart USD/THB Update: Turning lower from 32.80/32.85 resistance

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Weak opening see consolidation below the 32.80/85 resistance giving way to pullback to pressure support at the 32.50/32.40 area

 Level Comment  Level Comment
R433.20*congestion S132.50/40**congestion                   
R333.05**23 Mar YTD high S232.20*congestion
R232.90*Oct high S332.03**6 May low
R132.80/85**congestion, 30 Apr high S431.90*Feb high

Asterisk denotes strength of level

03:00 GMT - Weak opening see consolidation below the 32.80/85 resistance last week giving way to pullback to pressure support at the 32.50/32.40 area. Below this will return focus to the downside and see room for pullback to support at 32.20 congestion. Lower still, will turn focus to the 32.03/00 low and congestion area. Break of the latter will expose support at 31.90/31.80 congestion to retest. Meanwhile, resistance is lowered to 32.60 congestion which is extend to cap and sustain rejection from the 32.80/32.85 resistance.

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Topics
USD/THB-TA
EM-Technical
Technical Analysis

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