Published: 2026-01-26T03:25:01.000Z
Chart USD/THB Update: Weighing on 31.00/30.88 lows
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Extending consolidation above the 30.88 low but pressure remains on the downside
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 31.80 | congestion | S1 | 31.00 | ** | Dec 2025 year low | ||
| R3 | 31.70 | ** | 29 Dec high | S2 | 30.80 | * | Jun 2020 low | |
| R2 | 31.58 | * | Sep low | S3 | 30.60 | * | congestion | |
| R1 | 31.40 | * | congestion | S4 | 30.53/50 | ** | Feb 2021 high, congestion |
Asterisk denotes strength of level
03:20 GMT - Extending consolidation above the 30.88 low but pressure remains on the downside as daily and weekly studies continue to track lower. Break of the 31.00 level and 30.88 low will further extend the broader losses from the 2022 year high and see continuation to support at the 30.80/30.60 congestion area. Meanwhile, resistance starts at 31.16 and this extend to the 31.40 congestion which is expected to cap. Would take break here to open up room for stronger corrective bounce to resistance at 31.58 and 31.70.