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Below 2018 Lows Targets............>

DOLLAR-THB TECHS
DOLLAR-THB TECHS: Below 2018 Lows Targets Thb30.80-98
*RES 4: Thb31.92 - High Feb 8 
*RES 3: Thb31.74 - High Feb 12 
*RES 2: Thb31.65 - High Feb 22 
*RES 1: Thb31.55 - Daily Bear channel top
*PRICE: Thb31.27 @ 2300GMT
*SUP 1: Thb31.16 - 2018 Low Feb 16, Low Nov 6 2013 
*SUP 2: Thb30.98 - LT Bear channel base 
*SUP 3: Thb30.80 - Monthly Low July 24 2013 
*SUP 4: Thb30.57 - Daily Bear channel base off Dec 27 high
*COMMENTARY: The pair remains heavy with immediate focus back on tests of 2018
lows. Bears look for a close below 2018 lows to reconfirm focus on the
Thb30.80-98 region where the bear channel base and July 2013 monthly low are
situated. Daily studies are well placed for a fresh leg lower. Bulls now need a
close above the daily bull channel top to gain breathing room and above Thb32.06
to shift initial focus to Thb32.31-58.

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