AUD Tracks Market SentimentAUSTRALIAN DOLLAR / THAI BAHTFX_IDC:AUDTHBYES_GroupMarket Analysis: The VIX index prints at 15.57, highlighting a prevailing Risk On sentiment across global markets that provides structural support to the risk-sensitive Aussie. AUDTHB is therefore trending toward a range-bound to stronger trajectory. In the absence of major local data from Australia, the currency will rely heavily on global market sentiment and Asian equity performances, alongside the upcoming evening US data. Technical Outlook: The charts indicate a robust Bullish posture as the pair advances higher while keeping well above its EMA support layout. Buyers looking to cement this trend need to see the price firmly anchor above 23.15, which will provide the necessary foundation to aim for the immediate target cluster of 23.19–23.21. Risk Warning: The RSI is hovering close to the Overbought ceiling at 68–69, warning that while buyers are in charge, the velocity is cooling down. MACD exhibits the same flattening behavior via its histogram. Failure to pierce 23.19–23.21 will likely trigger a pullback to 23.10–23.07. Violating 23.05 dampens the structural upside, paving the way for 23.02. A morning green open in local Thai stocks remains an overarching risk. Support Level : 23.10 – 23.07 Target : 23.19 – 23.21 Stop Loss : 23.06