Thb33.10 Support Remains Key.......>

DOLLAR-THB TECHS: Thb33.10 Support Remains Key

*RES 4: Thb33.54 - High Oct 3 

*RES 3: Thb33.42 - Bollinger band top 

*RES 2: Thb33.41 - 100-DMA 

*RES 1: Thb33.35 - High Oct 27

*PRICE: Thb33.22 @ 2300GMT

*SUP 1: Thb33.10 - Low Oct 26 

*SUP 2: Thb33.01 - 2017 Low Sept 7 & 8, Oct 16 

*SUP 3: Thb32.98 - Monthly Low May 1 2015 

*SUP 4: Thb32.52 - Low Apr 27 2015

*COMMENTARY: The break of Thb33.25 has so far lacked follow through but is

enough to see bulls focused on Thb33.35-41 where the 100-DMA is located. Bears

now need a close below Thb35.10 to confirm a false break higher and see

immediate focus return to 2017 lows and the Thb32.98-33.01 region as a whole.

Narrowing Bollinger bands are hinting at a break out.