- USD/THB is currently trading around 32.90 marks.
- It made intraday high at 32.94 and low at 32.89 marks.
- Intraday bias remains neutral for the moment.
- On the top side, key resistances are seen at 32.97, 33.07, 33.15, 33.32 and 33.52 marks respectively.
- Alternatively, a daily close below 32.90 will drag the parity down towards key supports around 32.77, 32.68, 32.57, 32.42, 32.20 and 32.07 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
- Thailand will release trade balance, current account and forex reserves data at 0730 GMT.
We prefer to take short position on USD/THB only below 32.87, stop loss 33.02 and target of 32.77/32.68.


GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD climbs as US-Iran peace deal sparks risk rally
FxWirePro: GBP/NZD stuck in range but outlook is bullish 



