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Bulls Focused On 200-DMA *RES 4:...>

DOLLAR-THB TECHS
DOLLAR-THB TECHS: Bulls Focused On 200-DMA
*RES 4: Thb32.76 - 55-WMA 
*RES 3: Thb32.58 - 2018 High Jan 2 
*RES 2: Thb32.39 - Low Jan 2 now support 
*RES 1: Thb32.32 - 200-DMA
*PRICE: Thb32.12 @ 2300GMT
*SUP 1: Thb32.06 - Alternating daily support/resistance 
*SUP 2: Thb31.98 - High May 8 now support 
*SUP 3: Thb31.80 - High May 7 now support 
*SUP 4: Thb31.58 - Low May 3
*COMMENTARY: Gains have defined the week so far with immediate bullish focus now
on Thb32.32-39 where the 200-DMA is located. Daily studies at O/B levels remain
the key concern for bulls as layers of support accumulating add to confidence.
bears now need a close below Thb31.98 to ease bullish pressure and below
Thb31.80 to shift initial focus back to Thb31.32-60 where 21, 55 & 100-DMAs are
situated.

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