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Thb33.41-53 Resistance Region......>

DOLLAR-THB TECHS
DOLLAR-THB TECHS: Thb33.41-53 Resistance Region Key
*RES 4: Thb33.70 - High July 20 
*RES 3: Thb33.68 - 21-DMA 
*RES 2: Thb33.53 - High July 26 
*RES 1: Thb33.41 - High July 27
*PRICE: Thb33.26 @ 2300GMT
*SUP 1: Thb33.20 - 2017 Low Aug 1 
*SUP 2: Thb33.13 - Low May 5 2015 
*SUP 3: Thb33.05 - Bollinger band base 
*SUP 4: Thb32.98 - Monthly Low May 1 2015
*COMMENTARY: Consolidation below the 200-WMA (Thb33.94) is adding weight to the
bearish case with fresh 2017 and 2+ year lows continuing. Very O/S daily studies
and the Bollinger base remain key concerns for bears. In saying that, bulls
still need a close above Thb33.41 to ease immediate bearish pressure and above
Thb33.53 to shift immediate focus to Thb33.64-90 where 21 & 55-DMAs are
situated.

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