- USD/THB is currently trading around 33.42 marks.
- It made intraday high at 33.45 and low at 33.41 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 33.59 mark.
- On the top side, key resistances are seen at 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 33.45 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.
We prefer to take short position in USD/THB around 33.44, stop loss 33.59 and target of 33.28/33.01.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD bulls remain cautiously optimistic
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: GBP/USD biased higher but rally currently stretched
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro- Woodies Pivot(Major) 



