Published: 2026-02-20T02:50:01.000Z
Chart USD/THB Update: Extend consolidation within 31.00/31.40 area
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Little change, as prices extend consolidation within the 31.00/31.40 area
| 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
02:50 GMT - Little change, as prices extend consolidation within the 31.00/31.40 area following rejection from the 6 February swing high at 31.88. Above resistance at the 31.40 congestion will open up room for stronger bounce to retest strong resistance at the 31.58/31.60 which is expected to cap. 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 and see room to support at the 30.80 congestion and 30.65/30.50 area.