Published: 2025-11-10T02:55:38.000Z
Chart USD/THB Update: Under pressure, 32.30/32.23 support at risk
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Under pressure as prices extend pullback from the 32.63 high to approach support at the 32.30/32.23 area
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 32.95 | * | 38.2% Nov 2024/Sep fall | S1 | 32.30 | ** | Jun low, congestion | |
| R3 | 32.88 | ** | 1 Aug high, congestion | S2 | 32.23 | * | Oct low | |
| R2 | 32.68 | * | 22 Aug high | S3 | 32.10 | ** | Jul low | |
| R1 | 32.50 | * | congestion | S4 | 32.00 | * | figure |
Asterisk denotes strength of level
02:50 GMT - Under pressure as prices extend pullback from the 32.63 high to approach support at the 32.30/32.23 area. Daily and weekly studies are tracking lower to unwind overbought readings and see room for break here to extend pullback from the 32.90 highs. Lower will open up room for deeper pullback to strong support at the 32.10 July low and the 32.00 figure. Meanwhile, resistance remains at the 32.50/32.63 area which is expected to cap and sustain losses from 32.90 high.