AUDTHB Tracks Global SentimentAUSTRALIAN DOLLAR / THAI BAHTFX_IDC:AUDTHBYES_GroupMarket Analysis: The VIX index recently spiked to 18.89, highlighting a return to risk-off sentiment that pressures risk-sensitive currencies like the Aussie dollar. AUDTHB is expected to remain stable to slightly stronger today. With no major local economic releases from Australia, the market will monitor Singapore’s Industrial Production index at 12:00 for regional insights. However, the broader investment climate, global USD movements, and tonight’s Fed speeches remain the dominant drivers. Technical Outlook: The AUDTHB technical setup shows a sideways pattern confined within a 22.99-23.09 range, with the price oscillating above key support at 22.99-23.01. The RSI is at 52.39, showing neutral momentum, while the MACD hovers near the signal line with a minor negative histogram, signaling a balance between buyers and sellers. Sustaining a breakout above 23.03-23.05 could see the price retest the 23.08-23.11 resistance zone. Failing to hold these levels or facing pressure from a positive Thai stock market could trigger a drop to support or even open up a downside to 22.96. Support Level : 23.00-22.99 Target : 23.08-23.11 Stop Loss : 22.98