USDTHB Tracks DXY ReboundUSD/THBOANDA:USDTHBYES_GroupUSDTHB is expected to remain volatile with a slight bullish bias after the Fed kept interest rates unchanged as widely expected while maintaining a data-dependent stance on inflation and economic conditions. Although the U.S. Q2 GDP and some PCE components came in below expectations, inflationary pressure remains, as reflected by the stronger-than-expected GDP Price Index. Meanwhile, the U.S. Dollar Index (DXY) rebounded to 100.191, providing short-term support for the U.S. dollar. Today, markets will closely monitor the Employment Cost Index (ECI), Chicago PMI, as well as the University of Michigan Consumer Sentiment Index and Inflation Expectations, which could provide further clues on inflation trends and the Fed's future monetary policy. If the ECI comes in above expectations, accompanied by stronger consumer sentiment and higher inflation expectations, the U.S. dollar could extend its rebound, pushing USDTHB higher. However, if today's economic data disappoints, the dollar may weaken again, increasing the likelihood of a short-term decline in USDTHB. Technical Analysis On the 1-hour timeframe, USDTHB remains in a downtrend, with price trading below the Downtrend Line after failing to sustain its previous recovery. However, the pair has rebounded from a key support area following a period of accumulation. If price can reclaim both the Fair Value Gap (FVG) and break above the Downtrend Line, it could trigger a bullish recovery toward 33.50–33.54, the target of the Bullish Scenario. Risk Scenario Although selling pressure has started to ease, the broader trend remains bearish, with price still trading below the primary trendline. Failure to break above the FVG and Downtrend Line may attract renewed selling pressure. A break below 33.35 would confirm the bearish outlook and expose the next downside targets at 33.34–33.32, corresponding to the Bearish Scenario. Key Levels Target: 33.50–33.54 Support: 33.36 Cut Loss: 33.35