- USD/THB is currently trading around 34.43 marks.
- It made intraday high at 34.48 and low at 34.41 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 34.62 mark.
- On the top side, key resistances are seen at 34.62, 34.85, 34.97, 35.11, 35.20, 35.32, 35.42, 35.62, 35.74, 35.84, 35.93, 36.01, 36.08 and 36.39 marks respectively.
- Alternatively, a daily close below 34.47 will drag the parity down towards key supports around 34.34, 34.24 and 34.01 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 in USD/THB around 34.45, stop loss at 34.62 and target of 34.34/34.24.


FxWirePro: AUD/USD retreats slightly but trend is still bullish
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD bulls remain cautiously optimistic
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro- Major European Indices
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 



