USDTHB Price Action Analysis: daily breakout with the bullish reversal

USDTHB
US Dollar vs Thai Baht
USDTHB Price Action Analysis: daily breakout with the bullish reversal
Daily price broke 200 SMA to above for the good daily breakout with the primary bullish reversal. The price is testing the resistance level at 32.93 to above for the daily bullish trend to be continuing. But the Stochastic Oscillator is indicating the overbought level for the price movement so the alternative way for the price movement is the secondary daily ranging within 32.07/32.93 s/r channel waiting for direction of the strong bullish trend to be continuing or the bearish reversal to be started. Trading Summary: waiting for direction.

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