| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Sell | Buy | Buy |
| SAR (0.02; 0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
The USD/THB currency pair has been trading in a descending triangle since the end of October.
From a theoretical point of view, a breakout north from the pattern occurs in the nearest future. A potential upside target is the upper boundary of the medium-term descending channel located circa 3.20. Technical indicators for the 1W time frame support bullish scenario.
However, important resistance level to surpass is a combination of the 55-, 100– and 200-hour SMAs in the 33.00 area. If given level holds, it is likely that the pair goes downside to the Fibonacci 38.20% retracement at 32.59.