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Thb33.07 Resistance Remains Key....>

DOLLAR-THB TECHS
DOLLAR-THB TECHS: Thb33.07 Resistance Remains Key
*RES 4: Thb33.35 - High Oct 27 
*RES 3: Thb33.07 - High Nov 15 
*RES 2: Thb33.02 - 100-DMA 
*RES 1: Thb32.92 - High Nov 17
*PRICE: Thb32.79 @ 2300GMT
*SUP 1: Thb33.60 - Low Dec 19 
*SUP 2: Thb33.43 - 2017 Low Dec 14 
*SUP 3: Thb32.26 - 2015 Lows Feb 26 & Apr 17 & 20 2015 
*SUP 4: Thb32.19 - Monthly Low Oct 21 2014
*COMMENTARY: Bullish confidence grows following spikes towards 55 & 100-DMAs
with bulls currently needing a close above Thb33.07 to end bearish hopes and
shift focus to Thb33.35-70 where the 200-DMA (Thb33.56) is situated. Bears
continue to look for a close below Thb33.60 to confirm a break of the 21-DMA
(Thb33.63) and ease renewed bullish pressure, returning initial focus to 2017
lows.

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