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Immediate Focus Shifts To..........>

DOLLAR-THB TECHS
DOLLAR-THB TECHS: Immediate Focus Shifts To Thb32.06-62
*RES 4: Thb32.46 - Daily Bear channel top 
*RES 3: Thb32.39 - Low Jan 2 now resistance 
*RES 2: Thb32.21 - 55-DMA 
*RES 1: Thb32.06 - Low Jan 10 now resistance
*PRICE: Thb31.89 @ 2300GMT
*SUP 1: Thb31.72 - Alternating support/resistance 
*SUP 2: Thb31.39 - Low Feb 7 
*SUP 3: Thb31.27 - 2018 Low Jan 25 
*SUP 4: Thb31.16 - Low Nov 6 2013
*COMMENTARY: The recovery from recent 2018 & 4+yr lows has finally managed a
close above Thb31.72, easing bearish pressure and shifting focus to layers of
resistance Thb32.06-62 where the 55 & 100-DMAs and bear channel top are
situated. Overall bulls need a close above the 100-DMA (Thb32.62 to target the
200-DMA (Thb33.17). Bears now need a close below Thb31.720 to ease renewed
bullish pressure.

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