FxWirePro: GBP/NZD stuck in range but outlook is bullish 
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FxWirePro- Major European Indices 
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FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
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FxWirePro- Woodies pivot (Major) 
- USD/THB is currently trading around 31.51 marks.
- It made intraday high at 31.60 and low at 31.47 marks.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 31.94 marks.
- On the top side, key resistances are seen at 31.94, 32.10, 32.22 and 32.54 marks respectively.
- Alternatively, a daily close below 31.52 will drag the parity down towards key supports around 31.40, 31.28, 31.20 and 31.06 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 on USD/THB around 31.55, stop loss at 31.70 and target of 31.40/31.28.
