AUDTHB Eyes RBA Minutes

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AUDTHB Eyes RBA MinutesAUSTRALIAN DOLLAR / THAI BAHTFX_IDC:AUDTHBYES_Group- Yesterday Recap 24/8/26 Yesterday, AUDTHB closed at 23.41 in the Thai market. The AUD remained under pressure following signs of a slowdown in Australia’s labour market, with the unemployment rate rising to 4.5% and employment declining by 15.8K. This has led markets to scale back expectations for further RBA rate hikes in the near term. - Fundamental 25/8/26 Key Event Today AUDTHB: 08:30 – RBA Meeting Minutes Markets will closely watch the RBA Meeting Minutes for further clues on the future direction of interest rates after the RBA kept its policy rate unchanged at 4.35%. The committee remains divided on the outlook for monetary policy, with some members concerned about inflationary pressures, while others prefer to wait for additional economic data before considering further rate adjustments. If the Minutes come out with a Hawkish tone and signal the possibility of further rate hikes, this could support the AUD and help AUDTHB recover. However, if the Minutes are Dovish, with a greater focus on downside risks from the weakening labour market, the AUD could come under further pressure and limit the upside potential of AUDTHB. Overall, AUDTHB is expected to trade within a range with slightly bullish bias, with the main focus on the RBA Meeting Minutes and market expectations regarding the future direction of RBA monetary policy. - Technical Analysis Bias: Sideway to Slightly Bullish AUDTHB remains above the EMA200, while the short-term structure continues to form higher lows along an ascending trendline. As long as the price holds above 23.41, there is potential for a move higher to test the resistance levels above. Resistance: 23.43 This is a key resistance level. A clear break above it could open further upside toward the 23.42–23.45 area. Support: 23.41 This is the key short-term support. Holding above this level would help maintain the Sideway Up structure. Target: 23.43 / 23.45 Cut Loss: 23.39 A break below 23.39 and the ascending trendline would invalidate the Sideway Up structure and could trigger a further decline toward lower support levels.