- USD/THB is currently trading around 32.64 marks.
- It made intraday high at 32.81 and low at 32.61 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 32.81 mark.
- A daily close below 32.81 will drag the parity down towards key supports around 32.61, 32.50, 32.44, 32.34 and 32.24 marks respectively.
- On the top side, key resistances are seen at 32.85, 32.92, 33.03, 33.10, 33.22, 33.38, 33.46, 33.52, 33.77 and 33.94 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Thai Nov manufacturing output +4.23 pct on year (vs +1.9 pct in poll).
We prefer to take short position in USD/THB around 32.70, stop loss at 32.92 and target of 32.50/32.34.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


Currency Score Alert: GBPUSD, AUDUSD & NZDUSD Top the Charts at 85 – Major Levels to Watch for Bullish Breakouts
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD edges lower, bearish outlook persists
AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108
FxWirePro: AUD/USD eases slightly as markets await U.S. Payrolls report
FxWirePro- Woodies pivot (Major)
FxWirePro : EUR/NZD gains upside momentum but still bearish
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro- Major Pair levels and bias summary
NZDJPY Bears Ready to Strike: Sell Rallies at 93 as EMAs Signal Deeper Slide to 90
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro: NZD/USD softens despite firm expectations for RBNZ tightening
FxWirePro: GBP/USD supported by UK services recovery and dollar weakness
FxWirePro: USD/CAD eases slightly but trend is still bullish 



