- USD/THB is currently trading around 31.31 marks.
- It made intraday high at 31.33 and low at 31.29 marks.
- Intraday bias remains neutral till the time pair holds key support at 31.30 mark.
- A daily close below 31.30 will drag the parity down towards key supports around 31.11, 31.01 and 30.83 marks respectively.
- On the top side, key resistances are seen at 31.50, 31.57, 31.80, 31.92, 32.00, 32.13, 32.28, 32.39, 32.46, 32.61 and 32.85 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Thailand will release forex reserves and currency swap data at 0730 GMT.
We prefer to take short position in USD/THB only below 31.30, stop loss at 31.50 and target of 31.11/31.01.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: AUD/USD eases slightly as markets await U.S. Payrolls report
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: GBP/AUD edges lower, bearish outlook persists
Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize
FxWirePro : EUR/NZD gains upside momentum but still bearish
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bears Reload: Sell Rallies to 90 as All EMAs Turn Hostile
FxWirePro- Major Pair levels and bias summary
EUR/USD Eyes 1.1660 Breakout: Buying Dips Near 1.1530 as Geopolitical Tensions Ease
FxWirePro: GBP/NZD downtrend extends, remains on bearish path
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate
FxWirePro: USD/ZAR extends decline, scope for further downside
FxWirePro: USD/CAD eases slightly but trend is still bullish
FxWirePro: AUD/USD grinds higher amid risk appetite revival 



