USD/THB: Further consolidation remains on the cards – UOB

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USD/THB: Further consolidation remains on the cards – UOB
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USD/THB: Further consolidation remains on the cards – UOB – by pabspiovano Thailand Currencies Crosses Banks

“After dropping to a low of 32.57 last Monday , USD/THB traded sideways for the rest of the week. The combination of waning downward momentum and oversold conditions suggests USD/THB has moved into a consolidation phase.”

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