- USD/THB is currently trading around 33.13 marks.
- It made intraday high at 33.19 and low at 33.12 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 33.22 mark.
- A daily close below 33.22 will drag the parity down towards key supports around 33.10, 33.03, 32.94, 32.85, 32.77 and 32.54 marks respectively.
- On the top side, key resistances are seen at 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 on USD/THB around 33.15, stop loss at 33.22 and target of 33.05 mark.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: EUR/ NZD under pressure after early buying dries up
Euro Stabilizes Near 1.1713 as IFO Weakness Meets Oil Volatility; 1.1800 in Focus
ETHUSD Dips to 2285 Then Rebounds on $150–$200M ETF Inflows and Altcoin Upside
FxWirePro: GBP/USD falls as fragile ceasefire keeps investors on edge
FxWirePro: GBP/AUD maintains bearish bias with focus on 1.8800
FxWirePro: USD/ZAR slips as rand gains on peace talk hopes
FxWirePro: EUR/ NZD recovers some ground but bears are not done yet
FxWirePro- Major Pair levels and bias summary
AUDJPY Dip-Buy Setup: 113.58 Entry Aims for 115
FxWirePro: USD/ZAR gains upside momentum as bulls take charge
FxWirePro-Major European Indices
GBPJPY Rises on Solid UK Data: Dip-Buy Setup at 214.6 Eyes 217
FxWirePro: NZD/USD edges lower as Geopolitical risks keep risk sentiment fragile
FxWirePro: GBP/NZD continues to recovers , upside pressure builds
FxWirePro: GBP/NZD downtrend loses momentum but bearish setup remains
FxWirePro: EUR/AUD tight ranges prevail as market waits for fresh catalyst 



