• USD/THB is currently trading around 31.60 marks.
   
• It made intraday high at 31.62 and low at 31.54 marks.
   
• Intraday bias remains slightly bullish for the moment.
   
• On the top side, key resistances are seen at 31.62, 31.70, 31.93, 32.02 and 32.10 marks respectively.
   
• Alternatively, a daily close below 31.58 will drag the parity down towards key supports around 31.40, 31.28, 31.20, 31.06, 30.94, 30.20 and 29.66 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.
   
• Thailand Feb 2019 CPI headline inflation increase to 0.73 % (forecast 0.58 %) vs previous 0.27 %.
   
• Thailand Feb 2019 CPI core inflation yy decrease to 0.6 % (forecast 0.7 %) vs previous 0.69 %
  
  We prefer to take long position on USD/THB only above 31.62, stop loss at 31.50 and target of 31.93 mark.