FxWirePro: USD/THB hovers around 35.25, intraday bias remains bullish

• USD/THB is trading around 35.26 levels.
   
• It made intraday high at 35.26 and low at 35.17 levels.
   
• Yesterday Thailand central bank kept policy rate unchanged at 1.50 pct as expected.
   
• Intraday bias remains bullish till the time pair holds key support at 34.94 marks.
   
• A break below tests key support level at 34.41 and 34.18 respectively.
   
• On the other side, a current rebound from key support will drag the parity up towards key resistance at 35.31/ 35.54 levels.

We prefer to take long position in USD/THB only above 35.30 marks, stop loss 34.94 and target 35.41/ 35.54 levels.