Published: 2025-07-14T03:16:19.000Z
Chart USD/THB Update: Under pressure, 32.30 low at risk
Technical Analyst
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Consolidation below the 32.75 high has given way to pullback through the 32.50 support to expose the 3 July YTD low to retest
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 33.25 | * | congestion | S1 | 32.30 | ** | 3 Jul YTD low | |
| R3 | 33.05 | ** | Apr low | S2 | 32.14 | ** | Sep 2024 year low | |
| R2 | 32.75 | ** | 9 Jul high | S3 | 32.08 | ** | Feb 2022 year low | |
| R1 | 32.50 | * | congestion | S4 | 32.00 | * | congestion |
Asterisk denotes strength of level
03:10 GMT - Consolidation below the 32.75 high has given way to pullback through the 32.50 support to expose the 3 July YTD low at 32.30 to retest. Daily studies have turned down to unwind overbought readings and see risk for break to extend the broader losses from the November high. Lower will turn focus to the 32.14/32.08, September 2024 and February 2022 year lows. Meanwhile, resistance is lowered to 32.50 congestion ahead of the 32.75 lower high, now expected to cap and sustain losses from the April current year high.