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

DOLLAR-THB TECHS
DOLLAR-THB TECHS: Overall Focus On Thb30.80 While 21-DMA Caps
*RES 4: Thb32.06 - Low Jan 10 now resistance 
*RES 3: Thb31.73 - 21-DMA 
*RES 2: Thb31.72 - 2014 Low July 22 now resistance 
*RES 1: Thb31.58 - High Jan 25
*PRICE: Thb31.47 @ 2300GMT
*SUP 1: Thb31.27 - 2018 Low Jan 25 
*SUP 2: Thb31.16 - Low Nov 6 2013 
*SUP 3: Thb31.13 - Bollinger band base 
*SUP 4: Thb30.80 - Monthly Low July 24 2013
*COMMENTARY: Recent 2018 & 4+yr lows 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 the 21-DMA to ease bearish pressure
and above Thb32.06 to shit initial focus back to Thb32.26-65 where 55 & 100-DMAs
and the bear channel top are situated.

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