Thai Bev (technical)

Thai Bev Technicals: prices testing strong resistance, susceptible to break on the upside if $0.70 is broken. On the other hand, if $0.62 support is not held prices may head towards the lower support trend line. As prices have been trading mostly in the upper channel and did not retrace meaningfully despite failed attempt to break resistance, I think upside break is possible. Note resistance is very strong because it also coincides with historical high.