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Bears Need Close Below 21-DMA......>

DOLLAR-THB TECHS
DOLLAR-THB TECHS: Bears Need Close Below 21-DMA
*RES 4: Thb32.39 - Low Jan 2 now resistance 
*RES 3: Thb32.18 - 55-DMA 
*RES 2: Thb32.06 - Low Jan 10 now resistance 
*RES 1: Thb31.92 - High Feb 8
*PRICE: Thb31.67 @ 2300GMT
*SUP 1: Thb31.64 - 21-DMA 
*SUP 2: Thb31.39 - Low Feb 7 
*SUP 3: Thb31.27 - 2018 Low Jan 25 
*SUP 4: Thb31.16 - Low Nov 6 2013
*COMMENTARY: The recovery from recent 2018 & 4+yr lows looks to have stalled
with the pair correcting to pressure the 21-DMA. Bears now need a close below
the 21-DMA to ease renewed bullish pressure and return immediate focus to tests
of 2018 lows. Bulls now need a close above the 55-DMA to add support to the case
for test of the 100-DMA (Php32.60). Daily studies now approaching O/B are the
key concern for bulls.

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