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FxWirePro: USD/JPY steadies around 158.75, bias bullish 
- USD/THB is currently trading around 35.32 marks.
- It made intraday high at 35.32 and low at 35.28 marks.
- Intraday bias remains bullish till the time pair holds key support at 35.10 mark.
- On the top side key resistances are seen at 35.47, 35.62, 35.74, 35.84, 35.93, 36.01, 36.08 and 36.39 marks respectively.
- Alternatively, a daily close below 35.10 will drag the parity down towards key supports around 34.91, 34.83, 34.64, 34.51 and 34.20 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 in USD/THB only above 35.32, stop loss at 35.10 and target of 35.47/35.62.
