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FxWirePro: USD/JPY steadies around 158.75, bias bullish 
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- USD/THB is currently trading around 32.63 marks.
- It made intraday high at 32.72 and low at 32.53 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 32.70 mark.
- On the top side, key resistances are seen at 32.70, 32.90, 33.05, 33.20, 33.37, 33.52, 33.78 and 33.96 marks respectively.
- Alternatively, a daily close below 32.70 will drag the parity down towards key supports around 32.51, 32.18, 32.02 and 31.85 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 32.65, stop loss at 32.83 and target of 32.18.
