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FxWirePro: AUD/USD gains some ground but outlook is bearish 
- USD/THB is currently trading around 32.44 marks.
- It made intraday high at 32.62 and low at 32.36 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 32.60 mark.
- On the top side, key resistances are seen at 32.60, 32.94, 33.32, 33.54 and 34.14 marks respectively.
- Alternatively, a daily close below 32.40 will drag the parity down towards key supports around 32.14, 31.85, 31.56, 31.18, 30.97, 30.87, 30.70 and 30.56 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to go short on USD/THB around 32.48, stop loss at 32.65 and target of 32.14/31.85.
