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Focus Back on 200-DMA *RES 4:......>

DOLLAR-THB TECHS
DOLLAR-THB TECHS: Focus Back on 200-DMA
*RES 4: Thb32.58 - 2018 High Jan 2 
*RES 3: Thb32.39 - Low Jan 2 now support 
*RES 2: Thb32.23 - 200-DMA 
*RES 1: Thb32.17 - High May 22
*PRICE: Thb32.09 @ 2300GMT
*SUP 1: Thb31.95 - Low May 29 
*SUP 2: Thb31.75 - Low May 14 
*SUP 3: Thb31.58 - Low May 3 
*SUP 4: Thb31.54 - 55-DMA
*COMMENTARY: Bulls take comfort in the failure to gain traction below the 21-DMA
(Thb31.98) with pressure having returned to the 200-DMA which confirmed
significance last week. Bulls continue to look for a close above Thb32.39 to
confirm a break of the 200-DMA and focus on the 55-WMA (Thb32.61). Bears now
need a close below Thb31.95 to gain breathing room and below Thb31.75 to return
focus to Thb31.32-58 where 55 & 100-DMAs are located.

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