- USD/THB is currently trading around 33.08 marks.
- It made intraday high at 33.10 and low at 33.08 marks.
- Intraday bias remains bearish till the time pair holds immediate resistance at 33.22 mark.
- A daily close below 33.10 will drag the parity down towards key supports around 33.03, 32.94, 32.85, 32.77 and 32.54 marks respectively.
- On the top side, key resistances are seen at 33.22, 33.38, 33.46, 33.52, 33.77, 33.94, 34.10, 34.23, 34.34, 34.48, 34.55, 34.67 and 34.74 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 33.10, stop loss at 33.22 and target of 33.03/32.85.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro- Woodies Pivot(Major)
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro- Major Crypto levels and bias summary
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: GBP/NZD remains bullish as rally continues
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115? 



