Decent shot $THB moves back to 34.80-35.00 by month-end

Watching $THB pretty closely here. We're at 34.66 right now, and while it's had a decent run lower, I'm giving it a 60-70% probability we see it back in the 34.80-35.00 range by the end of May. My reasoning is fairly straightforward: the recent strength feels a bit overextended given the broader dollar sentiment and the current macro environment isn't really screaming for sustained THB appreciation. Exporters are likely to start pushing back harder, and any slight shift in local sentiment could easily see it retrace those recent gains. It’s not a done deal, obviously, but I think the downside from here is limited and the bounce back up is the more likely scenario.