Published: 2025-10-29T03:07:29.000Z
Chart USD/THB Update: Consolidating at 32.30 support, room for lower later
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Steadied at the 32.30 support as prices consolidate sharp pullback from the 32.88 August high
| 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
03:00 GMT - Steadied at the 32.30 support as prices consolidate sharp pullback from the 32.88 August high and unwind oversold intraday studies. Negative daily studies highlight risk for deeper pullback later 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.