- USD/THB is currently trading around 35.54 marks.
- It made intraday high at 35.62 and low at 35.53 marks.
- Intraday bias remains bearish for the moment.
- On the top side key resistances are seen at 35.73, 35.90, 36.05, 36.44 and 36.66 marks respectively.
- Alternatively, a daily close below 35.62 will drag the parity down towards key supports around 35.52, 35.23, 35.04, 34.83, 34.64, 34.51 and 34.20 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- Thailand will release trade balance data at 0400 GMT.
We prefer to take short position in USD/THB only below 35.52, stop loss at 35.70 and target of 35.23.


FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD hovers near three –month high, scope for further upside
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro: GBP/AUD recovers slightly but bears are not done yet
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD gives up early gains after UK GDP shock 



