Published: 2026-01-08T02:58:58.000Z
Chart USD/THB Update: Extend consolidation above 31.00 low
1
Remains above the 31.00 December 2025 low as prices consolidate losses from the October swing high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 31.80 | * | congestion | S1 | 31.16 | * | 6 Jan low | |
| R3 | 31.70 | ** | 29 Dec high | S2 | 31.00 | ** | 26 Dec 2025 year low | |
| R2 | 31.58 | * | Sep low | S3 | 30.80 | * | Jun 2020 low | |
| R1 | 31.40 | * | congestion | S4 | 30.60 | * | congestion |
Asterisk denotes strength of level
02:50 GMT - Remains above the 31.00 December 2025 low as prices consolidate losses from the October swing high. Daily studies are unwinding oversold readings and see room for retest of strong resistance at 31.58 congestion and 31.70 late-December bounce high. Clearance will open up room for stronger correction 31.80/32.00 area. Meanwhile, support is raised to 31.16 low to sustain bounce from 31.00, Decemer low. Break here will extend the broader losses from the September 2022 year high and see room to support at the 30.80/30.60 congstion area.