USDTHB Eyes US DataUSD/THBOANDA:USDTHBYES_GroupYesterday Recap USDTHB closed at 32.99 in the Thai market. The Thai baht remained supported by Thailand’s Q2 GDP growth of 1.9% YoY, above market expectations. Meanwhile, USDTHB remained volatile, with the pair breaking below 33.00 before rebounding back above the level, reflecting buying interest in USD around this area. Fundamental Analysis – 18 Aug 2026 USDTHB is expected to trade in a range to volatile manner with a slightly bearish bias. The Thai baht continues to receive support from stronger-than-expected Thai GDP data, while the US dollar lacks a clear catalyst from the Fed. However, the DXY holding around 99.5, elevated US 10Y yields, and high oil prices could limit further baht appreciation. Today, the market will focus on key US economic data, particularly Housing Starts and Industrial Production. Stronger-than-expected data could support the USD and put pressure on the THB, while weaker-than-expected data could provide further support for the baht. Meanwhile, the Thai stock market is expected to open flat to slightly higher, which could add further downward pressure on USDTHB. Technical Analysis Bias: Sideway USDTHB is expected to remain range-bound, with the price currently trading between support at 33.00 and resistance at 33.06. After the previous sharp decline, the pair has started to form a base around the support level, suggesting that there is still no clear directional signal in the short term. If the price can hold above 33.00, USDTHB may rebound to test 33.06. A break above this level could open the way toward 33.09–33.10. Conversely, a clear break below 33.00 would be a bearish signal and could lead to further downside. Resistance: 33.06 / 33.09 Support: 33.00 / 32.98 Target: 33.06–33.10 Cut Loss: Below 33.00