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Lacks Traction Above Bear..........>

DOLLAR-THB TECHS
DOLLAR-THB TECHS: Lacks Traction Above Bear Channel Top
*RES 4: Thb32.35 - 200-DMA 
*RES 3: Thb32.06 - Alternating daily support/resistance 
*RES 2: Thb31.92 - Monthly High Feb 8 
*RES 1: Thb31.78 - High May 3
*PRICE: Thb31.63 @ 2300GMT
*SUP 1: Thb31.45 - Low Apr 30 
*SUP 2: Thb31.39 - Alternating daily support/resistance 
*SUP 3: Thb31.33 - 55-DMA 
*SUP 4: Thb31.07 - 2018 Low Mar 14
*COMMENTARY: Bulls have so far failed to gain traction above the LT bear channel
top (Thb31.72) off 2017 highs. Bulls look to gain traction above the bear
channel top to confirm focus on Thb31.92-32.06 with above Thb32.06 to target the
200-DMA (Thb32.34). The close below the 100-DMA provides bears breathing room
breathing room with below the 55-DMA to shift initial focus back to 2018 lows
(Thb31.07).

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