- USD/THB is currently trading around 30.66 marks.
- It made intraday high at 30.80 and low at 30.66 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 30.90 marks.
- On the top side, key resistances are seen at 30.90, 31.20, 31.50, 31.70, 31.99, 32.10, 32.22 and 32.54 marks respectively.
- Alternatively, a daily close below 30.56 will drag the parity down towards key supports around 30.42, 30.28 and 30.12 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Thailand will release forex reserves and currency swap data around 0730 GMT.
We prefer to take short position on USD/THB around 30.70, stop loss at 30.90 and target of 30.42/30.28.


FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro: AUD/USD downside pressure builds, key support level in focus
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains 



