- USD/THB is currently trading around 32.56 marks.
- It made intraday high at 32.62 and low at 32.55 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 32.70 mark.
- A daily close below 32.57 will drag the parity down towards key supports around 32.49, 32.41, 32.34 and 32.24 marks respectively.
- On the top side, key resistances are seen at 32.70, 32.75, 32.86, 32.92, 33.03, 33.10, 33.22, 33.38, 33.46, 33.52, 33.77 and 33.94 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position in USD/THB around 32.60, stop loss at 32.70 and target of 32.49/32.41.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


Currency Score Alert: GBPUSD, AUDUSD & NZDUSD Top the Charts at 85 – Major Levels to Watch for Bullish Breakouts
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY edges lower, scope for further downside
FxWirePro: USD/ZAR extends decline, scope for further downside
FxWirePro: NZD/USD softens despite firm expectations for RBNZ tightening
FxWirePro: GBP/USD supported by UK services recovery and dollar weakness
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD eases slightly, focus on near-term support
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout
AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108 



