• USD/THB is currently trading around 31.29 marks.
   
• It made intraday high at 31.36 and low at 31.28 marks.
   
• Intraday bias remains bearish till the time pair holds key resistance at 31.50 mark.
   
• On the top side, key resistances are seen at 31.44, 31.62, 31.70, 31.93, 32.02 and 32.10 marks respectively.
   
• Alternatively, a daily close below 31.31 will drag the parity down towards key supports around 31.18, 31.10 and 30.94 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 31.30, stop loss at 31.44 and target of 31.18 mark.