- USD/THB is currently trading around 31.27 marks.
- It made intraday high at 31.31 and low at 31.25 marks.
- Intraday bias remains neutral till the time pair holds key support at 31.18 mark.
- A daily close below 31.30 will drag the parity down towards key supports around 31.18, 31.11, 31.01 and 30.83 marks respectively.
- On the top side, key resistances are seen at 31.35, 31.50, 31.75, 31.92, 32.00, 32.13, 32.28, 32.39, 32.46, 32.61 and 32.85 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Thailand Q4 GDP growth y/y decrease to 4 % (forecast 4.4 %) vs previous 4.3 %.
- Thailand Q4 GDP growth q/q sa decrease to 0.5 % (forecast 0.7 %) vs previous 1 %.
We prefer to take long position in USD/THB only above 31.32, stop loss at 31.18 and target of 31.50/31.75.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


Yen Under Siege: NZDJPY Bulls Eye 96.00 Amid Broad Japanese Weakness
FxWirePro: EUR/AUD dips below lower range, bearish bias increases
FxWirePro- Major Pair levels and bias summary
Euro Under Pressure: EURUSD Retreats Amid Escalating Middle East Tensions
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD bears gain momentum awaiting Mideast Geopolitical clarity
FxWirePro: USD/ZAR recovers some ground but upside is limited
FxWirePro: USD/CNY edges lower, set to stay on back foot
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR trades in narrow range as Middle East tensions fester
Bitcoin Rises on Diplomatic Hopes: Bulls Eye $85,000 Ahead of Ceasefire Talks
FxWirePro: GBP/USD dips as strong U.S. data boosts greenback
FxWirePro- Woodies Pivot(Major)
Sterling Surge: GBPJPY Rebounds from Fibonacci Support as Yen Weakness Persists
FxWirePro: GBP/AUD drifts lower could be on verge of bigger drop 



