- USD/THB is currently trading around 31.51 marks.
- It made intraday high at 31.56 and low at 31.46 marks.
- Intraday bias remains slightly bullish till the time pair holds key support at 31.28 mark.
- On the top side, key resistances are seen at 31.65, 31.75, 31.92, 32.00, 32.13, 32.28, 32.39, 32.46, 32.61 and 32.85 marks respectively.
- Alternatively, a daily close below 31.48 will drag the parity down towards key supports around 31.28, 31.18, 31.11, 31.01 and 30.83 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.
We prefer to take long position in USD/THB around 31.50, stop loss at 31.28 and target of 31.92.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro- Major European Indices
Solana at a Crossroads: Triple Bottom Support Offers Lifeline for SOL Bulls
FxWirePro: AUD/USD stalls as uncertainty around the U.S.-Iran outlook peace talks weighed on risk sentiment
FxWirePro: GBP/USD dips as strong U.S. data boosts greenback
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD slips amid prolonged geopolitical uncertainty
Ethereum Stays Resilient: ETHUSD Follows Bitcoin's Lead Above USD 2,300
Yen Under Siege: NZDJPY Bulls Eye 96.00 Amid Broad Japanese Weakness
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CNY edges lower, set to stay on back foot
FxWirePro- Major European Indices
FxWirePro: USD/CAD shows upside momentum, but bearish outlook remains
FxWirePro: USD/CAD dips as weaker dollar gives bears some traction
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: USD/JPY edges higher as yen weakens on BOJ policy uncertainty
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
FxWirePro: GBP/USD recovers from early dip but upside is limited 



