- USD/THB is currently trading around 31.24 marks.
- It made intraday high at 31.30 and low at 31.24 marks.
- Intraday bias remains neutral till the time pair holds key resistance at 31.30 mark.
- On the top side, key resistances are seen at 31.30, 31.50, 31.59, 31.75, 31.92, 32.00, 32.13, 32.28, 32.39, 32.46, 32.61 and 32.85 marks respectively.
- Alternatively, a daily close below 31.30 will drag the parity down towards key supports around 31.158, 31.08, 31.01 and 30.83 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.
- Thailand will release forex reserves and currency swap data at 0730 GMT.
We prefer to take long position in USD/THB only above 31.30, stop loss at 31.15 and target of 31.50/31.75.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch
FxWirePro: AUD/USD grinds higher amid risk appetite revival
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure
Major Pair Currency Scores: GBPUSD, USDCAD, AUDUSD & NZDUSD Lead as Top Bullish Pairs to Watch
FxWirePro: USD/ZAR extends decline, scope for further downside
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD supported by UK services recovery and dollar weakness
Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus
FxWirePro: GBP/AUD under pressure as the pair continues to weaken
FxWirePro- Major Pair levels and bias summary
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 



