Published: 2026-01-15T03:13:16.000Z
Chart USD/THB Update: Higher in choppy trade from 31.00/31.16 lows
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Choppy trade above the 31.16 support see pressure returning to the 31.58 resistance
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 32.00 | * | figure, congestion | S1 | 31.16 | * | 6 Jan low | |
| R3 | 31.80 | * | congestion | S2 | 31.00 | ** | 26 Dec 2025 year low | |
| R2 | 31.70 | ** | 29 Dec high | S3 | 30.80 | * | Jun 2020 low | |
| R1 | 31.58 | * | Sep low | S4 | 30.60 | * | congestion |
Asterisk denotes strength of level
03:10 GMT - Choppy trade above the 31.16 support see pressure returning to the 31.58 resistance. Break here will expose the late-December high at 31.70 to retest. Above the latter will open up room for stronger gains to correct losses from the October swing high. Meanwhile, support at the 31.16 now underpin and sustain bounce from the 31.00 low. Would take break of these to extend the broader losses from the September 2022 year high. Lower will see room for extension to support at the 30.80/30.60 congstion area.