Published: 2026-01-07T02:54:11.000Z
Chart USD/THB Update: Focus remain on 31.00 low
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Steadied at the 31.16 low as prices consolidate losses from the 31.70 bounce 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 - Steadied at the 31.16 low as prices consolidate losses from the 31.70 bounce high and unwind oversold intraday studies. However, negative daily studies suggest this giving way to further losses later to target 31.00 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. Meanwhile, resistance is lowered to the 31.40/31.58 congestion area which is now expected to cap and sustain pullback from the 31.70, late-December swing high.