- USD/THB is currently trading around 30.60 marks.
- It made intraday high at 30.64 and low at 30.59 marks.
- Intraday bias remains neutral till the time pair holds key resistance at 30.72 mark.
- On the top side, key resistances are seen at 30.72, 30.97, 31.20, 31.50, 31.70, 31.99, 32.10, 32.22 and 32.54 marks respectively.
- Alternatively, a daily close below 30.47 will drag the parity down towards key supports around 30.35, 30.24, 30.12 and 30.02 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 consumer confidence data around 0400 GMT.
We prefer to go long on USD/THB only above 30.72, stop loss at 30.55 and target of 30.97/31.08/31.20.


FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: GBP/NZD stuck in range but outlook is bullish
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro- Major European Indices
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent? 



