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Recovery Reliant On................>

DOLLAR-THB TECHS
DOLLAR-THB TECHS: Recovery Reliant On Thb33.07-Thb33.04 Hold
*RES 4: Thb33.40 Oct 9 high
*RES 3: Thb33.29 Oct 30 high
*RES 2: Thb33.24 Oct 31 high
*RES 1: Thb33.20 Nov 6 high
*PRICE: Thb33.10 @0135GMT   
*SUP 1: Thb33.07 Nov 2 low
*SUP 2: Thb33.04 Oct 13 low
*SUP 3: Thb32.89 76.4% Fibo of Thb31.73-Thb36.68
*SUP 4: Thb32.55 Apr 27 2015 low
*COMMENTARY* Has been finding support from above the longer term 76.4% Fibo
retrace level at Thb32.89. Lows of Thb33.04 and Thb33.07 over the last 2 months.
Nearest resistance of note now comes from the Nov 6 high at Thb33.200 and will
need to see gains back through here, before any confidence in a further
Thb33.24-Thb33.29 recovery will follow.

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