Published: 2025-10-30T02:49:00.000Z
Chart USD/THB Update: Consolidating at 32.30 support, lower later
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Steadied at the 32.30 support as prices consolidate sharp drop from resistance at 32.88
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 33.00/05 | ** | congestion, Jun high | S1 | 32.30 | ** | Jun low, congestion | |
| R3 | 32.88 | ** | 1 Aug high, congestion | S2 | 32.10 | ** | Jul low | |
| R2 | 32.68 | * | 22 Aug high | S3 | 32.00 | * | figure | |
| R1 | 32.50 | * | congestion | S4 | 31.76 | 22 Sep low |
Asterisk denotes strength of level
02:50 GMT - Steadied at the 32.30 support as prices consolidate sharp drop from resistance at the 32.88 August high as unwind oversold intraday studies. However, negative daily studies highlight risk for break here to open up room for deeper pullback to retrace gains from the 31.58, September low. Lower will see room to the strong support at the 32.10/32.00, July low and congestion area. Meanwhile, resistance is lowered to the 32.50 congestion which is expected to cap and sustain losses from the 32.88 resistance.