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Published: 2026-03-25T03:03:17.000Z

Chart USD/THB Update: Choppy in range from 33.05 high

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Choppy in range as prices consolidate sharp rejection from the 33.00/05 resistance

 Level Comment  Level Comment
R433.50*congestion S132.50*congestion           
R333.42*61.8% 2025/Jan fall   S232.20*congestion
R233.20*congestion S332.00 figure
R133.00/05*figure, Jun high S431.89**Feb high

Asterisk denotes strength of level

02:50 GMT - Choppy in range as prices consolidate sharp rejection from the 33.00/05 resistance. Daily studies are unwinding overbought readings and suggest room for deeper pullback from the 33.05 high. Break of support at the 32.20 congestion will open up room for deeper pullback to the 32.00 level then 31.89 February high which is expected to underpin. Meanwhile, resistance at the 33.00/05 area is expected to cap. Clearance, if seen, needed to see strong gains to retrace the March 2025/January losses.

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Topics
USD/THB-TA
EM-Technical
Technical Analysis

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