Baht losses most in two weeks on technical indicators

Note: This section contains information in English only.
Source: Bloomberg
The Thailand's Baht edged lower by 0.2% to 29.68 per U.S. Dollar in the morning of Bangkok trading session on Monday. Earlier the currency touched 29.45 level - the highest points since 1997. Traders were willing to sell the currency, as technical indicators signaled about an overbought situation and a potential rebound of the Dollar. The 14-day RSI slipped to 29.3 on 15th of March.

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