- USD/THB is currently trading around 32.01 marks.
- It made intraday high at 32.02 and low at 31.92 marks.
- Intraday bias remains bearish till the time pair holds immediate resistance at 32.22 mark.
- On the top side, key resistances are seen at 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 32.07, stop loss at 32.22 and target of 31.85/31.60.


FxWirePro- Major European Indices
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro: EUR/AUD eases slightly but trend is still bullish
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD recovers but bears are not done yet again
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro- Major Pair levels and bias summary
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance 



