AUDTHB Tracks Risk Sentiment

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AUDTHB Tracks Risk SentimentAUSTRALIAN DOLLAR / THAI BAHTFX_IDC:AUDTHBYES_GroupYesterday Recap Yesterday, AUDTHB closed at 23.72 in the Thai market. Meanwhile, there were no high-impact economic releases from Australia. Fundamental 18/9/26 Key Events Today Today, there are no high-impact economic releases from Australia. AUD is therefore likely to be driven mainly by external factors, particularly the direction of the USD, Bond Yields, and global Risk Sentiment, as well as developments in the Chinese economy, which is important to AUD given China’s role as a major trading partner of Australia. In addition, the market will monitor the direction of major currencies and Risk Sentiment following recent central bank meetings, which could affect capital flows and AUD. Overall, AUDTHB is expected to move within a range, with the main focus on the USD, Risk Sentiment, and China-related factors. Technical Analysis — AUDTHB 15M Bias: Sideway View: The price has recovered from 23.64 and is currently consolidating near the 23.68 resistance level. RSI at 56.34 is above 50, indicating that momentum is starting to turn positive, while MACD has started to cross upward with a slightly positive Histogram, suggesting improving short-term momentum. If the price breaks above 23.68, it may move higher to test 23.69. However, if it fails to break above 23.68, the price may consolidate and return to a Sideway movement. Resistance: 23.68 / 23.69 Support: 23.64 Target: 23.69 Cut Loss: 23.63