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Bears Dominate While Thb31.92......>

DOLLAR-THB TECHS
DOLLAR-THB TECHS: Bears Dominate While Thb31.92 Caps
*RES 4: Thb32.16 - 55-DMA 
*RES 3: Thb32.06 - Low Jan 10 now resistance 
*RES 2: Thb31.92 - High Feb 8 
*RES 1: Thb31.74 - High Feb 12
*PRICE: Thb31.47 @ 2300GMT
*SUP 1: Thb31.39 - Low Feb 7 
*SUP 2: Thb31.27 - 2018 Low Jan 25 
*SUP 3: Thb31.20 - Bollinger band base 
*SUP 4: Thb31.16 - Low Nov 6 2013
*COMMENTARY: The recovery from recent 2018 & 4+yr lows has stalled with the pair
correcting and closing below the 21-DMA (Thb31.62). Bears now focus on the
Thb31.27-39 support region where 2018 lows are noted while Thb31.92 caps. Bulls
now need a close above Thb31.92 to gain breathing room and above the 55-DMA to
add support to the case for test of the 100-DMA (Php32.58).

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