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FxWirePro: USD/ JPY remains buoyant, looks to extend gains 
- USD/THB is currently trading around 32.67 marks.
- It made intraday high at 32.69 and low at 32.65 marks.
- Intraday bias remains neutral till the time pair holds key support at 32.65 mark.
- A daily close below 32.65 will drag the parity down towards key supports around 32.50, 32.40 and 32.34 marks respectively.
- On the top side, key resistances are seen at 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.
We prefer to take short position in USD/THB only below 32.65, stop loss at 32.86 and target of 32.50/32.28.
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