- USD/THB is currently trading around 31.35 marks.
- It made intraday high at 31.49 and low at 31.33 marks.
- Intraday bias remains bearish till the time pair holds immediate resistance at 31.57 mark.
- A daily close below 31.46 will drag the parity down towards key supports around 31.28, 31.11 and 31.01 marks respectively.
- On the top side, key resistances are seen at 31.57, 31.80, 31.92, 32.00, 32.13, 32.28, 32.39, 32.46, 32.61 and 32.85 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 31.40, stop loss at 31.57 and target of 31.11.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Major Pair levels and bias summary
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Major European Indices
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 



