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FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
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- USD/THB is currently trading around 31.80 marks.
- It made intraday high at 31.81 and low at 31.76 marks.
- Intraday bias remains slightly bullish till the time pair holds key support at 31.70 mark.
- On the top side, key resistances are seen at 31.93, 32.02, 32.10, 32.22 and 32.48 marks respectively.
- Alternatively, a daily close below 31.70 will drag the parity down towards key supports around 31.54, 31.46, 31.24 and 31.10 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 long position on USD/THB only above 31.81, stop loss at 31.70 and target of 31.93/32.02.
