Published: 2026-02-19T03:10:30.000Z
Chart USD/THB Update: Higher in choppy trade above 31.00/30.86 lows
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Higher above the 31.00/30.86 December/January lows as prices consolidate losses from the October high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 31.80 | * | congestion | S1 | 31.00 | * | Dec low | |
| R3 | 31.70 | * | congestion | S2 | 30.86 | ** | 28 Jan YD low | |
| R2 | 31.58/60 | ** | Sep low, congestion | S3 | 30.80 | * | congestion | |
| R1 | 31.40 | * | congestion | S4 | 30.65 | * | 18 Mar 2021 low |
Asterisk denotes strength of level
03:00 GMT - Higher above the 31.00/30.86 December/January lows as prices consolidate losses from the October high and unwind oversold daily studies. Resistance is at 31.40 congestion and clearance here will open up room for stronger bounce to retest strong resistance at the 31.58/31.60 area and extending to 31.70 congestion. Lower high sought to further pressure the downside later and break of the 31.00 level and 30.86 low will further extend the broader losses from the October 2022 high.