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FxWirePro: USD/THB hits fresh 4-week low at 31.51 mark, good to sell on rallies

  • USD/THB is currently trading around 31.54 marks.
     
  • It made intraday high at 31.77 and low at 31.51 marks.
     
  • Intraday bias remains bearish till the time pair holds key resistance at 31.78 mark.
     
  • On the top side, key resistances are seen at 31.78, 31.92, 32.02, 32.10, 32.22 and 32.54 marks respectively.
     
  • Alternatively, a daily close below 31.60 will drag the parity down towards key supports around 31.42, 31.28, 31.20 and 31.06 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 on USD/THB around 31.58, stop loss 31.78 and target of 31.20.

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2019-06-24 18:35:21
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2019-06-24 17:58:11
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January 31 00:00 UTC 734367734367m

ARAnnual Primary Balance*

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2016 bln ARS

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January 22 19:00 UTC 746187746187m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 734367734367m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 734367734367m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 734367734367m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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