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FxWirePro- Woodies pivot (Major) 
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- USD/THB is currently trading around 34.61 marks.
- It made intraday high at 34.63 and low at 34.59 marks.
- Intraday bias remains bullish till the time pair holds key support at 34.50 mark.
- On the top side, key resistances are seen at 34.67, 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 34.50 will drag the parity down towards key supports around 34.45, 34.35, 34.20 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.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.
