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Published: 2026-05-21T02:31:30.000Z

Chart USD/THB Update: Leaning lower from 32.80/85 resistance

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 Leaning lower in range as prices settled back from test of resistance at the 32.80/85 congestion 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

02:30 GMT - Leaning lower in range as prices settled back from test of resistance at the 32.80/85 congestion area. Would take break here to clear the way for retest of the resistance at the 32.90 October high and 33.05, 23 March current year high. Break here will further extend gains from the January low to retrace losses from the 35.00, April 2025 year high. Meanwhile, support remains at the 32.50/40 congestion area. Would take break here to return focus to the downside for retest of support at 32.20 congestion and 32.00/31.90 area. 

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Topics
USD/THB-TA
EM-Technical
Technical Analysis

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