Published: 2025-11-04T02:44:39.000Z
Chart USD/THB Update: Higher in consolidation from 32.30 support
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Extending bounce from the 32.23 low as prices unwind oversold daily studies
| 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
02:35 GMT - Extending bounce from the 32.23 low as prices unwind oversold daily studies and retrace losses from resistance at the 32.88/32.91 highs. Break above 32.50 congestion opens up room for stronger gains to the 32.68 resistance. Clearance, if seen, will expose the 32.88 and 32.91 highs to retest. However, negative weekly studies suggest these keeping out of reach and lower high sought to pressure the downside later. Break of the 32.30 support will turn focus to strong support at the 32.10/32.00, July low and congestion area.