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FxWirePro: GBP/AUD recovers slightly but outlook is still bearish 
- USD/THB is currently trading around 33.16 marks.
- It made intraday high at 33.19 and low at 33.15 marks.
- Intraday bias remains neutral till the time pair holds key resistance at 33.22 mark.
- A daily close below 33.22 will drag the parity down towards key supports around 33.10, 33.03, 32.94, 32.85, 32.77 and 32.54 marks respectively.
- On the top side, key resistances are seen at 33.22, 33.38, 33.46, 33.52, 33.77, 33.94, 34.10, 34.23, 34.34, 34.48, 34.55, 34.67 and 34.74 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 long position on USD/THB only above 33.22, stop loss at 33.10 and target of 33.52 mark.
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