Published: 2026-06-03T02:27:39.000Z
Chart USD/THB Update: Extend consolidation within 32.80/32.40 range
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Little change, as prices extend consolidation within the 32.80/32.40 range area
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 33.20 | * | congestion | S1 | 32.50/40 | ** | congestion | |
| R3 | 33.05 | ** | 23 Mar YTD high | S2 | 32.20 | * | congestion | |
| R2 | 32.90 | * | Oct high | S3 | 32.03 | ** | 6 May low | |
| R1 | 32.80/85 | ** | congestion, 30 Apr high | S4 | 31.90 | * | Feb high |
Asterisk denotes strength of level
03:15 GMT - Little change, as prices extend consolidation within the 32.80/32.40 range area. The resulting flag pattern suggest potential for break of the 32.80 resistance to open up room for retest of strong resistance at 32.85/90 area then the 33.05 high. Above the latter will confirm a 9-month bottom pattern at the January YTD low and see stronger gains to retrace losses from the 2023/2024 year highs. Meanwhile, support at 32.40 should underpin. Would take break here to fade the upside pressure and open up room for deeper pullback to the 32.20 support and 32.03, May low.