• USD/THB is currently trading around 34.47 marks.
   
• It made intraday high at 34.48 and low at 34.43 marks.


• Intraday bias remains neutral till the time pair holds key support at 34.30 marks. 
   
• On the top side, key resistances are seen at 34.48, 34.55, 34.67, 34.74, 34.82, 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 34.30 will drag the parity down towards key supports around 34.14 and 34.02 marks respectively.

• Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
   
• BOT will release interest rate decision at 0730 GMT.
  
  We prefer to take long position in USD/THB only above 34.55, stop loss at 34.30 and target of 34.74/34.82.