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FxWirePro: USD/CNY gains some ground but bearish outlook persists 
FxWirePro: GBP/USD recovers but bears are not done yet again 
FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Major Pair levels and bias summary 
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FxWirePro: EUR/AUD eases slightly but trend is still bullish 
FxWirePro: GBP/NZD range to extend until there is game changing news 
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FxWirePro- Woodies Pivot(Major) 
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- USD/THB is currently trading around 31.37 marks.
- It made intraday high at 31.40 and low at 31.31 marks.
- Intraday bias remains bullish till the time pair holds key support at 31.20 marks.
- On the top side, key resistances are seen at 31.50, 31.70, 31.99, 32.10, 32.22 and 32.54 marks respectively.
- Alternatively, a daily close below 31.35 will drag the parity down towards key supports around 31.20, 31.06 and 30.87 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take long position on USD/THB around 31.35, stop loss at 31.20 and target of 31.50/31.70.
