Published: 2026-06-12T04:26:22.000Z
Chart USD/THB Update: Threatens deeper pullback from 33.00/05 resistance
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Settled into consolidation around 32.80 following rejection from 33.00/05 March YTD high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 33.42 | * | 61.8% Apr 2024/Jan fall | S1 | 32.60 | * | congestion | |
| R3 | 33.20 | * | congestion | S2 | 32.40 | ** | congestion | |
| R2 | 33.00/05 | ** | congestion, 23 Mar YTD high | S3 | 32.20 | * | congestion | |
| R1 | 32.90 | * | Oct high | S4 | 32.03/00 | ** | 6 May low, congestion |
Asterisk denotes strength of level
04:15 GMT - Settled into consolidation around 32.80 following rejection from 33.00/05 March YTD high. Overbought daily studies and outside range from the latter threatens deeper pullback to retrace gains from the 33.03 May low. Lower will see room to strong support at the 32.60/32.40 congestion. Meanwhile, resistance at the 32.90 October high and extending to 33.00/33.05 highs are expected to cap. Clearance here will confirm a 5-month bottom pattern and open up room for stronger gains to retrace losses from the April 2025 year high.