- USD/THB is currently trading around 31.90 marks.
- It made intraday high at 31.98 and low at 31.88 marks.
- Intraday bias remains bearish for the moment.
- On the top side, key resistances are seen at 32.10, 32.22, 32.48, 32.70, 32.83 and 32.92 marks respectively.
- Alternatively, a daily close below 31.94 will drag the parity down towards key supports around 31.85, 31.60 and 31.24 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 31.92, stop loss at 32.07 and target of 31.60.


FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro: AUD/USD dips on soft China data
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
FxWirePro: USD/CAD pauses decline,critical support lies ahead
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro- Major Pair levels and bias summary 



