- USD/THB is currently trading around 33.99 marks.
- It made intraday high at 33.99 and low at 33.93 marks.
- Intraday bias remains neutral till the time pair holds key support at 33.82 mark.
- On the top side, key resistances are seen at 34.05, 34.27, 34.34, 34.48, 34.55, 34.67, 34.74, 34.82, 34.97, 35.11 and 35.20 marks respectively.
- Alternatively, a daily close below 33.90 will drag the parity down towards key supports around 33.82, 33.74, 33.58, 33.01 and 32.54 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.
We prefer to take short position in USD/THB only below 33.82, stop loss 34.05 and target of 33.58.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: USD/CNY hits 15-month low , scope for further downside
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary 



