FxWirePro: USD/THB hits fresh 3-month low at 34.99, good to sell on rallies

• USD/THB is currently trading around 35.01 marks.
   
• It made intraday high at 35.05 and low at 34.99 marks.
   
• Intraday bias remains bearish till the time pair holds key resistance at 35.11 marks.  
   
• On the top side key resistances are seen at 35.11, 35.21, 35.33, 35.41, 35.67, 35.74, 35.84, 35.93, 36.01, 36.08, 36.39 and 36.66 marks respectively.
   
• Alternatively, a daily close below 35.01 will drag the parity down towards key supports around 34.85, 34.64, 34.51 and 34.20 marks respectively.

We prefer to take short position in USD/THB around 35.05, stop loss 35.11 and target of 34.85/34.72.