- USD/THB is currently trading around 34.15 marks.
- It made intraday high at 34.15 and low at 34.10 marks.
- Intraday bias remains bullish till the time pair holds key support at 34.03 marks.
- On the top side, key resistances are seen at 34.18, 34.34, 34.48, 34.55, 34.67, 34.74, 34.82, 34.97, 35.11, 35.20, 35.32, 35.42, 35.62 and 35.74 marks respectively.
- Alternatively, a daily close below 34.10 will drag the parity down towards key supports around 34.00, 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 only above 34.18, stop loss at 34.10 and target of 34.34.


FxWirePro-Major European Indices
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro: EUR/NZD steadies ahead of ECB meeting
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout 



