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Overall Focus On Thb30.80 While....>

DOLLAR-THB TECHS
DOLLAR-THB TECHS: Overall Focus On Thb30.80 While Thb31.72 Caps
*RES 4: Thb33.34 - 55-DMA 
*RES 3: Thb32.06 - Low Jan 10 now resistance 
*RES 2: Thb31.85 - 21-DMA 
*RES 1: Thb31.72 - 2014 Low July 22 now resistance
*PRICE: Thb31.31 @ 2300GMT
*SUP 1: Thb31.27 - 2018 Low Jan 25 
*SUP 2: Thb31.22 - Bollinger band base 
*SUP 3: Thb31.16 - Low Nov 6 2013 
*SUP 4: Thb30.80 - Monthly Low July 24 2013
*COMMENTARY: Recent 2018 & 4+yr lows have lacked follow through courtesy of the
Bollinger band base which is a concern as are O/S daily studies overdue a
correction. Bulls still need a close above Thb31.72 to gain breathing room and
above Thb32.06 to confirm a break of the 21-DMA & shit initial focus back to
Thb32.34-58 where the 55-DMA is noted. Bears remain focused on Thb30.80 while
Thb31.72 caps.

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