- USD/THB is currently trading around 31.47 marks.
- It made intraday high at 31.53 and low at 31.44 marks.
- Intraday bias remains bullish till the time pair holds key support at 31.30 mark.
- A daily close below 31.45 will drag the parity down towards key supports around 31.30, 31.11, 31.01 and 30.83 marks respectively.
- On the top side, key resistances are seen at 31.57, 31.80, 31.92, 32.00, 32.13, 32.28, 32.39, 32.46, 32.61 and 32.85 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.
We prefer to take long position in USD/THB around 31.45, stop loss at 31.30 and target of 31.80.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: USD/CNY edges lower, set to stay on back foot
Sterling Surge: GBPJPY Rebounds from Fibonacci Support as Yen Weakness Persists
Aussie Retreat: AUDJPY Sees Minor Profit-Taking After Touching Multi-Year Peak
FxWirePro: GBP/AUD drifts lower could be on verge of bigger drop
FxWirePro: USD/CNY inches higher as investors await potential US-Iran peace talks
FxWirePro: USD/ZAR recovers some ground but upside is limited
Bitcoin Rises on Diplomatic Hopes: Bulls Eye $85,000 Ahead of Ceasefire Talks
FxWirePro- Major European Indices
Yen Under Siege: NZDJPY Bulls Eye 96.00 Amid Broad Japanese Weakness
FxWirePro: GBP/USD recovers from early dip but upside is limited
FxWirePro: GBP/NZD slips amid prolonged geopolitical uncertainty
FxWirePro: USD/CAD shows upside momentum, but bearish outlook remains
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD stalls as uncertainty around the U.S.-Iran outlook peace talks weighed on risk sentiment
FxWirePro: USD/JPY edges higher as yen weakens on BOJ policy uncertainty
Institutional Whale Surge: ETHUSD Trends Higher as Bitmine Amasses 4.97 Million Ether 



