Published: 2025-10-13T03:17:30.000Z
Chart USD/THB Update: Leaning lower from 32.82 high
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Settling back from the 32.82 high as prices unwinding overbought intraday and daily studies
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 33.25 | congestion | S1 | 32.50 | ** | congestion | ||
| R3 | 33.00/05 | ** | congestion, Jun high | S2 | 32.30 | ** | Jun low, congestion | |
| R2 | 32.88 | ** | 6 May low, 38.2% | S3 | 32.10 | * | Jul low | |
| R1 | 32.82 | * | 9 Oct high | S4 | 32.00 | * | congestion |
Asterisk denotes strength of level
03:10 GMT - Settling back from the 32.82 high as prices unwinding overbought intraday and daily studies. Break of the 32.68 support opens up room deeper pullback to strong support at the 32.50/32.30 congestion. Weekly studies are stretched as well and caution break here to open up room for deeper pullback to retrace gains from the 31.60/31.58 September lows. Meanwhile, resistance at the 32.82 swing high is expected to cap and sustain bearish structure from the 35.00 April current year high.