Coder775

USDTHB Long oportunity?

Long
OANDA:USDTHB   U.S. Dollar / Thai Baht
Hi everyone, looking at monthly chart, we can see that we are approching support from 2007,2008,2013 and 2019, also around the support line we have a fibonnaci extension from the AB corrective wave. From there we may see a price rise. I would like to point out that Thailand is beloved by many people as holiday destination, which may be a trigger to the upside once holiday will be allowed as many people are being vaccinated.
Also check GBPTHB analysis which points the same direction.


This information is not a recommendation to buy or sell. It is to be used for educational purposes only.

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