- USD/THB is currently trading around 31.27 marks.
- It made intraday high at 31.29 and low at 31.25 marks.
- Intraday bias remains neutral till the time pair holds key resistance at 31.30 mark.
- On the top side, key resistances are seen at 31.30, 31.50, 31.59, 31.75, 31.92, 32.00, 32.13 and 32.28 marks respectively.
- Alternatively, a daily close below 31.12 will drag the parity down towards key supports around 31.01, 30.83, 30.68 and 30.40 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.
- Yesterday BOT released interest rate decision.
- Thailand BOT rate decision stays flat at 1.5 % (forecast 1.5 %) vs previous 1.5 %.
We prefer to take long position in USD/THB only above 31.30, stop loss at 31.08 and target of 31.59/31.75.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish
EUR/USD Eyes 1.1660 Breakout: Buying Dips Near 1.1530 as Geopolitical Tensions Ease
FxWirePro: USD/ZAR extends decline, scope for further downside
FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD under pressure as the pair continues to weaken
FxWirePro: AUD/USD grinds higher amid risk appetite revival
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch
FxWirePro: NZD/USD eases as NZ unemployment surges in Q2
Major Pair Currency Scores: GBPUSD, USDCAD, AUDUSD & NZDUSD Lead as Top Bullish Pairs to Watch
FxWirePro- Major Pair levels and bias summary
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600
FxWirePro- Major Crypto levels and bias summary 



