- USD/THB is currently trading around 32.77 marks.
- It made intraday high at 32.77 and low at 32.73 marks.
- Intraday bias remains bullish till the time pair holds immediate support at 32.67 mark.
- On the top side, key resistances are seen at 32.83, 32.92, 33.07, 33.15, 33.32 and 33.52 marks respectively.
- Alternatively, a daily close below 32.72 will drag the parity down towards key supports around 32.65, 32.57, 32.42, 32.20 and 32.07 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.Current upside movement is short term trend correction only.
We prefer to take long position on USD/THB around 32.75, stop loss at 32.67 and target of 32.83/32.92.


FxWirePro: USD/ZAR edges higher, set to stay on back foot
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD stuck in range but outlook is bullish
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD climbs as US-Iran peace deal sparks risk rally
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50 



