- USD/THB is currently trading around 33.38 marks.
- It made intraday high at 33.42 and low at 33.29 marks.
- Intraday bias remains bullish till the time pair holds key support at 33.22 mark.
- On the top side, key resistances are seen at 33.48, 33.78 and 33.96 marks respectively.
- Alternatively, a daily close below 33.30 will drag the parity down towards key supports around 33.22, 33.02, 32.90, 32.66 and 32.50 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- Thai finance minister says thailand should not rush to raise interest rates.
- Thai finance minister says capital outflows, weak baht are good for economy.
- Thai finance minister says expects little impact of trade war on Thai economy.
We prefer to take long position on USD/THB around 33.32, stop loss at 33.22 and target of 33.78.


Bitcoin Stuck in No-Man’s-Land: $85K Dip or $100K Breakout Next?
FxWirePro- Major US Indices
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level
FxWirePro- Major Crypto levels and bias summary
AUDJPY: Buy-the-Dip Strategy Intact Above 103.80 Despite Profit-Taking Pullback
FxWirePro- Major Pair levels and bias summary
Pound Strike Forces EURGBP Retreat – Next Stop 0.8660?
0.7870 Break Looms – Next Stop 0.7800 for USDCHF?
FxWirePro: AUD/USD firms on hawkish RBA meeting minutes
FxWirePro: GBP/AUD loses momentum but bullish setup remains
FxWirePro: USD/CAD slips as oil rally boosts loonie
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY extends fall as yen rises on intervention fears 



