- USD/THB is currently trading around 32.64 marks.
- It made intraday high at 32.68 and low at 32.55 marks.
- Intraday bias remains bullish till the time pair holds key support at 32.49 mark.
- A daily close below 32.57 will drag the parity down towards key supports around 32.49, 32.41, 32.34 and 32.24 marks respectively.
- On the top side, key resistances are seen at 32.69, 32.75, 32.86, 32.92, 33.03, 33.10, 33.22, 33.38, 33.46, 33.52, 33.77, 33.94, 34.10, 34.23, 34.34, 34.48, 34.55, 34.67 and 34.74 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
- Thai Oct manufacturing output +0.48 pct on year (vs +3.2 pct in poll).
We prefer to take short position in USD/THB around 32.75, stop loss at 32.86 and target of 32.49/32.34.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD recovers slightly but outlook is still bearish
FxWirePro: EUR/AUD tight ranges prevail as market waits for fresh catalyst
FxWirePro: GBP/NZD continues to recovers , upside pressure builds
FxWirePro: EUR/AUD edges higher but bearish outlook persists
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD edges lower as Geopolitical risks keep risk sentiment fragile
FxWirePro: AUD/USD nurses losses in subdued trading
FxWirePro: GBP/AUD maintains bearish bias with focus on 1.8800
FxWirePro: GBP/USD gains on upbeat UK retail sales data
FxWirePro: USD/ JPY remains buoyant, looks to extend gains
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR slips as rand gains on peace talk hopes
FxWirePro- Woodies pivot (Major)
AUDJPY Dip-Buy Setup: 113.58 Entry Aims for 115
FxWirePro- Major Crypto levels and bias summary 



