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Support Emerging On Dips *RES 4:...>

DOLLAR-THB TECHS
DOLLAR-THB TECHS: Support Emerging On Dips
*RES 4: Thb32.58 - 2018 High Jan 2 
*RES 3: Thb32.39 - Low Jan 2 now support 
*RES 2: Thb32.30 - 200-DMA 
*RES 1: Thb32.22 - High May 10
*PRICE: Thb31.91 @ 2300GMT
*SUP 1: Thb31.76 - Low May 14 
*SUP 2: Thb31.64 - 21-DMA 
*SUP 3: Thb31.58 - Low May 3 
*SUP 4: Thb31.40 - 55-DMA
*COMMENTARY: Support is starting to emerge on dips following the aggressive
rejection ahead of the 200-DMA last week. Layers of support remain with bears
continuing to look for a close below the 55-DMA now to shift focus back to 2018
lows. Bulls now need a close above Thb32.39 to confirm a break of the 200-DMA
and initially target the 55-WMA (Thb32.70).

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