- USD/THB is currently trading around 34.05 marks.
- It made intraday high at 34.06 and low at 34.00 marks.
- Intraday bias remains bullish till the time pair holds key support at 33.95 mark.
- On the top side, key resistances are seen at 34.09, 34.27, 34.34, 34.48, 34.55, 34.67, 34.74, 34.82, 34.97, 35.11 and 35.20 marks respectively.
- Alternatively, a daily close below 33.95 will drag the parity down towards key supports around 33.82, 33.74, 33.58, 33.01 and 32.54 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 34.03, stop loss 33.95 and target of 34.27.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro: AUD/USD eases as investors await U.S. employment figures
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro- Woodies pivot (Major)
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro: GBP/AUD eases slightly, focus on near-term support 



