- USD/THB is currently trading around 32.64 marks.
- It made intraday high at 32.81 and low at 32.61 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 32.81 mark.
- A daily close below 32.81 will drag the parity down towards key supports around 32.61, 32.50, 32.44, 32.34 and 32.24 marks respectively.
- On the top side, key resistances are seen at 32.85, 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.
- Thai Nov manufacturing output +4.23 pct on year (vs +1.9 pct in poll).
We prefer to take short position in USD/THB around 32.70, stop loss at 32.92 and target of 32.50/32.34.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro-Major European Indices
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
FxWirePro: USD/ZAR bears maintain upper hand
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout 



