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Pressuring Key Resistance Region...>

DOLLAR-THB TECHS
DOLLAR-THB TECHS: Pressuring Key Resistance Region
*RES 4: Thb31.78 - LT Bear channel top off 2017 high 
*RES 3: Thb31.74 - High Feb 12 
*RES 2: Thb31.67 - 100-DMA 
*RES 1: Thb31.65 - High Feb 22
*PRICE: Thb31.61 @ 2300GMT
*SUP 1: Thb31.50 - Low Apr 26 
*SUP 2: Thb31.39 - Alternating daily support/resistance 
*SUP 3: Thb31.31 - 55-DMA 
*SUP 4: Thb31.29 - 21-DMA
*COMMENTARY: The pair is now hesitating ahead of the key Thb31.65-78 region
where the 100-DMA and LT bear channel top are situated. Bulls now look for a
close above the channel top to initially pressure Thb31.92-32.06 with above
Thb32.06 to target the 200-DMA (Thb32.39). Bears now need a close below Thb31.50
to gain breathing room and below the 21-DMA to shift initial focus back to 2018
lows (Thb31.07).

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