Sawasdee – August 30, 2022
Limited recovery, downside remains |
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Market today | ||||
The SET is expected to see little recovery with the upper bound at resistance of 1,635-1,645. The market is expected to stay flat due to negative technical signals and pressure from worries about an aggressive hike in interest rate by the FOMC, bringing downside. The lower bound is 1,620 and if it goes lower than this, the negative signal will continue; next support is at 1,612. | ||||
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