- USD/THB is currently trading around 32.15 marks.
- It made intraday high at 32.17 and low at 32.06 marks.
- Intraday bias remains bullish till the time pair holds key support at 31.98 mark.
- On the top side, key resistances are seen at 32.22, 32.48, 32.60 and 32.89 marks respectively.
- Alternatively, a daily close below 32.10 will drag the parity down towards key supports around 31.98, 31.86, 31.68, 31.51, 31.30 and 31.20 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- Thai April manufacturing output +3.99 pct on year (vs +3.94 pct in poll).
We prefer to take short position in USD/THB around 32.15, stop loss at 32.23 and target of 31.98.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Major European Indices
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Major European Indices
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level 



