Published: 2026-07-30T03:07:39.000Z
Chart USD/THB Update: Consolidating, room to extend losses
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Edged up from the 33.41 low as prices consolidate losses from the 33.87 high of last week
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 34.10 | * | Dec 2023 low | S1 | 33.41 | 29 Jul low | ||
| R3 | 34.00 | * | 76.4% 2025/2026 fall | S2 | 33.25 | * | 10 Jul low | |
| R2 | 33.87 | * | 23 Jul YTD high | S3 | 33.12 | ** | 3 Jul low | |
| R1 | 33.70 | 27 Jul high | S4 | 33.05/00 | ** | Mar high, congestion |
Asterisk denotes strength of level
03:00 GMT - Edged up from the 33.41 low as prices consolidate losses from the 33.87 high of last week. However, pressure remains on the downside with daily studies tracking lower from overbought areas. Lower will see room for deeper pullback to retrace strong gains from the 31.74, April low. Lower will see room for extension to strong support at the 33.25 and 33.12, July lows. Meanwhile, resistance at the 33.65/33.70 congestion area is expected to cap and sustain losses from the 33.87 high.