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Below Thb32.79 To Ease Bullish.....>

DOLLAR-THB TECHS
DOLLAR-THB TECHS: Below Thb32.79 To Ease Bullish Pressure
*RES 4: Thb33.60 - 100-WMA 
*RES 3: Thb33.35 - High Oct 27 
*RES 2: Thb33.20 - High Nov 3 
*RES 1: Thb33.04 - 2018 High June 26
*PRICE: Thb33.02 @ 2300GMT
*SUP 1: Thb32.79 - Low June 21 
*SUP 2: Thb32.58 - High Jan 2 now support 
*SUP 3: Thb32.50 - 55-WMA 
*SUP 4: Thb32.39 - Alternating daily support/resistance
*COMMENTARY: Pressure on the 200-DMA (Thb32.16) took its toll with an aggressive
break higher to fresh 2018 highs that continued Tuesday. The closes above the
55-WMA adds support to the case for a move now focused on Thb33.35-33.60. Daily
studies at O/B and the proximity of the Bollinger top are concerns for bulls
with potential to limit follow through. Bears now need a close below Thb32.79 to
ease bullish pressure.

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