- USD/THB is currently trading around 32.68 marks.
- It made intraday high at 32.71 and low at 32.67 marks.
- Intraday bias remains bearish till the time pair holds immediate resistance at 32.83 mark.
- On the top side, key resistances are seen at 32.83, 32.92, 33.07, 33.15, 33.32 and 33.52 marks respectively.
- Alternatively, a daily close below 32.72 will drag the parity down towards key supports around 32.65, 32.57, 32.42, 32.20 and 32.07 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- BOT will release repo rate decision around 0705 GMT.
We prefer to take short position on USD/THB around 32.70, stop loss at 32.83 and target of 32.57/32.42.


FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CNY gains some ground but bearish outlook persists
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains 



