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Published: 2025-11-21T02:50:19.000Z

Chart USD/THB Update: Extend choppy trade within 32.50/32.30 range

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Little change, as prices extend choppy trade within the 32.50/32.30 range

 Level Comment  Level Comment
R432.80*congestion S132.30**Jun low, congestion       
R332.68*22 Aug high                  S232.23*Oct low
R232.63**4 Nov high S332.10**Jul low
R132.50*congestion S432.00*figure

Asterisk denotes strength of level

02:40 GMT - Little change, as prices extend choppy trade within the 32.50/32.30 range. Mixed daily studies suggest ranging action likely to extend. Would take break of the 32.30/32.23 congestion and October low to open up room for deeper pullback to strong support at the 32.10 July low and the 32.00 figure. Meanwhile, resistance at the 32.50 congestion and extending to the 32.63 high is expected to cap and give way to renewed selling pressure later to extend pullback from the 32.90, October swing high.

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Topics
USD/THB-TA
EM-Technical
Technical Analysis

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