USD/THB 4H Chart: Downside Potential Could Prevail
<p>Since the middle of December, the USD/THB exchange rate has been trading sideways within a symmetrical triangle pattern. As apparent on the chart, the rate has broken the lower pattern line. Given that the currency pair is pressured by the 55-, 100– and 200-period moving averages in the 30.00 area, it is likely that some […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/356704-usd-thb-4h-chart-downside-potential-could-prevail/">USD/THB 4H Chart: Downside Potential Could Prevail</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>
Leave a Comment