Change DropDown values on select of input using Formik - reactjs

Question

Below is my form. What i am trying to do is on select of Customer i want to change the dropdown values of resolutionTypes.
<Formik
initialValues={formData}
onSubmit={(values, { setSubmitting }) => {
const fData = JSON.stringify(values, null, 2);
setSubmitting(true);
saveFilterFromData(JSON.parse(fData));
setTimeout(() => {
setSliderValue(value);
fetchOppReportData();
setSubmitting(false);
handleFilterVisible(false);
}, 1000);
}}
>
{({ submitForm, isSubmitting }) => (
<Form>
{isSubmitting && (
<ColoredLinearProgress
colorPrimary={colors.amber[200]}
barColorPrimary={colors.amber[800]}
/>
)}
<FormControl className={classes.formControl}>
<Field
component={TextField}
type="text"
name="selectedCustomer"
label="Select Customer"
select
variant="standard"
margin="normal"
InputLabelProps={{
shrink: true,
}}
>
{customerList.map(option => (
<MenuItem key={uuidv4()} value={option.label}>
{option.label}
</MenuItem>
))}
</Field>
</FormControl>
<FormControl className={classes.formControl}>
<Field
component={TextField}
type="text"
name="resolutionTypes"
label="Resolution Types"
select
variant="standard"
margin="normal"
InputLabelProps={{
shrink: true,
}}
>
{resolutionTypes.map(option => (
<MenuItem key={uuidv4()} value={option.value}>
{option.label}
</MenuItem>
))}
</Field>
<CaptureFormValueContext />
</FormControl>
</Formik>
Below is my CaptureFormValueContext function where I am trying to set resolution type values but I am facing an error: ' Maximum update depth exceeded error -'
Can anyone please tell me where I went wrong
const CaptureFormValueContext = () => {
// Grab values from context
const { values, submitForm, setFieldValue } = useFormikContext();
useEffect(() => {
if (values.selectedDateFilterType === CUSTOM) {
setIsCustom(true);
} else setIsCustom(false);
const customerId = Lo.filter(customerList, {
label: values.selectedCustomer,
});
const resolutionType = Lo.filter(customerResolutionData, {
CustomerId: customerId[0].value,
});
const mapResolutionType = MapResolutionTypes(resolutionType);
setFieldValue('resolutionTypes', mapResolutionType[0].value);
setResolutionTypes(mapResolutionType);
}, [values, submitForm, setFieldValue]);
return null;
};