Published: 2025-10-21T02:50:43.000Z
Chart USD/THB Update: Consolidating at 32.50 support
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Turned up in consolidation from test of support at the 32.50 congestion as prices consolidate pullback from the 32.90 high.
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 33.00/05 | ** | congestion, Jun high | S1 | 32.50 | * | congestion | |
| R3 | 32.90 | * | 17 Oct high | S2 | 32.30 | ** | Jun low, congestion | |
| R2 | 32.82 | * | 9 Oct high | S3 | 32.10 | * | Jul low | |
| R1 | 32.68 | 22 Aug high | S4 | 32.00 | * | congestion |
Asterisk denotes strength of level
02:45 GMT - Turned up in consolidation from test of support at the 32.50 congestion as prices consolidate pullback from the 32.90 high. However, pressure remains on the downside as daily studies unwind overbought readings and see room for deeper pullback to strong support at the 32.30 congestion. Lower still, will see room to 32.10/32.00 area. Meanwhile, resistance is at the 32.68/32.82 highs which is expected to cap and sustain losses from the 32.90 high. Clearance here will open up room for stronger gains to retrace April/September losses.