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Bulls Need Close Above Thb35.06....>

DOLLAR-THB TECHS
DOLLAR-THB TECHS: Bulls Need Close Above Thb35.06
*RES 4: Thb32.61 - 55-DMA 
*RES 3: Thb33.39 - Low Jan 2 now resistance 
*RES 2: Thb32.37 - 21-DMA 
*RES 1: Thb32.06 - Low Jan 10 now resistance
*PRICE: Thb31.95 @ 2300GMT
*SUP 1: Thb31.85 - 2018 Low Jan 15 
*SUP 2: Thb31.72 - 2014 Low July 22 
*SUP 3: Thb31.70 - Daily Bear channel base 
*SUP 4: Thb31.40 - Low Nov 14 2013
*COMMENTARY: Hesitation ahead of recent 2018 & 3+yr lows is less than ideal when
combined with waning momentum and daily studies looking to correct from O/S.
Bulls still need a close above Thb32.06 to gain breathing room and above
Thb32.99 to return initial focus to Thb32.58-92 where 55 & 100-DMAs and bear
channel top are noted. While Thb32.06 caps immediate bearish focus remains on
Thb31.70-72 where 2014 lows and bear channel base are located.

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