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Overall Focus On Bear Channel......>

DOLLAR-THB TECHS
DOLLAR-THB TECHS: Overall Focus On Bear Channel Base
*RES 4: Thb33.07 - High Nov 15 
*RES 3: Thb32.97 - 21-DMA 
*RES 2: Thb32.92 - High Nov 17 
*RES 1: Thb32.77 - High Nov 22
*PRICE: Thb32.58 @ 2300GMT
*SUP 1: Thb33.52 - Bollinger band base 
*SUP 2: Thb33.51 - 2017 Low Nov 28 
*SUP 3: Thb32.26 - Monthly Lows Apr 17 & 20 2015 
*SUP 4: Thb32.06 - Daily Bear channel base
*COMMENTARY: Continued fresh 2017 lows add weight to the bearish case with
overall focus on tests of the bear channel base. O/S daily studies and the
Bollinger bases remain key concerns for bears. In saying that, bulls need a
close above Thb32.77 to ease immediate bearish pressure and hint at a correction
back to Thb32.92-33.10 where 21 & 55-DMAs and the bear channel top are located.

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