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Bulls Need Close Above Thb33.53....>

DOLLAR-THB TECHS
DOLLAR-THB TECHS: Bulls Need Close Above Thb33.53
*RES 4: Thb33.70 - High July 20 
*RES 3: Thb33.68 - 21-DMA 
*RES 2: Thb33.53 - High July 26 
*RES 1: Thb33.41 - High July 27
*PRICE: Thb33.36 @ 2300GMT
*SUP 1: Thb33.24 - 2017 Low July 31 
*SUP 2: Thb33.13 - Low May 5 2015 
*SUP 3: Thb33.09 - Bollinger band base 
*SUP 4: Thb32.98 - Monthly Low May 1 2015
*COMMENTARY: Consolidation below the 200-WMA (Thb33.94) is adding weight to the
bearish case with fresh 2017 and 2+ year lows continuing. Very O/S daily studies
and the Bollinger base remain key concerns for bears In saying that, bulls still
need a close above Thb33.53 to ease immediate bearish pressure and shift focus
to Thb33.68-92 where 21 & 55-DMAs are situated.

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