• FxWirePro: USD/THB moves directionless, stay neutral

    来源: FxWire Pro - Technicals / 13 一月 2020 22:07:41   America/New_York

    • USD/THB is currently trading around 30.29 marks.
       
    • It made intraday high at 30.32 and low at 30.18 marks.
       
    • Intraday bias remains neutral till the time pair moves in stiff boundaries from 30.43 to 30.15 marks.
       
    • On the top side, key resistances are seen at 30.43, 30.72, 30.97, 31.20, 31.50 and 31.70 marks respectively.
       
    • Alternatively, a daily close below 30.15 will drag the parity down towards key supports around 29.96, 29.72, 29.55, 29.25 and 28.56 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 go long on USD/THB only above 30.40, stop loss at 30.15 and target of 30.72/30.97.

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