FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Major Pair levels and bias summary 
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- USD/THB is currently trading around 33.31 marks.
- It made intraday high at 33.40 and low at 33.29 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 33.48 mark.
- On the top side, key resistances are seen at 33.48, 33.59, 33.77, 33.94, 34.10, 34.23, 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 33.39 will drag the parity down towards key supports around 33.28, 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.
- Thailand will release forex reserve and currency swap data at 0730 GMT.
We prefer to take short position in USD/THB around 33.35, stop loss 33.52 and target of 33.01.
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