- USD/THB is currently trading around 33.13 marks.
- It made intraday high at 33.18 and low at 33.12 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 33.25 mark.
- A daily close below 33.18 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 33.25, 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.
- Thailand will release forex reserves and currency swap data at 0730 GMT.
We prefer to take short position on USD/THB around 33.16, stop loss at 33.25 and target of 33.03 mark.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro- Major Pair levels and bias summary
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
FxWirePro-Major European Indices
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro: USD/CAD recovers slightly but trend is still bearish
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro- Woodies Pivot(Major)
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision 



