- USD/THB is currently trading around 33.02 marks.
- It made intraday high at 33.03 and low at 32.97 marks.
- Intraday bias remains slightly bullish for the moment.
- On the top side, key resistances are seen at 33.02, 33.15, 33.32, 33.52, 33.78 and 33.96 marks respectively.
- Alternatively, a daily close below 33.00 will drag the parity down towards key supports around 32.90, 32.77, 32.68, 32.57, 32.42, 32.20 and 32.07 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- Thailand will release trade balance data at 0330 GMT.
We prefer to take long position on USD/THB around 33.00, stop loss 32.87 and target of 33.15.


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