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FxWirePro- Major Pair levels and bias summary 
- USD/THB is currently trading around 31.27 marks.
- It made intraday high at 31.29 and low at 31.25 marks.
- Intraday bias remains neutral till the time pair holds key resistance at 31.30 mark.
- On the top side, key resistances are seen at 31.30, 31.50, 31.59, 31.75, 31.92, 32.00, 32.13 and 32.28 marks respectively.
- Alternatively, a daily close below 31.12 will drag the parity down towards key supports around 31.01, 30.83, 30.68 and 30.40 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.
- Yesterday BOT released interest rate decision.
- Thailand BOT rate decision stays flat at 1.5 % (forecast 1.5 %) vs previous 1.5 %.
We prefer to take long position in USD/THB only above 31.30, stop loss at 31.08 and target of 31.59/31.75.
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