EURTHB Tracks USD DirectionEuro/Thai BahtSAXO:EURTHBYES_GroupMarket Analysis: The EURTHB pair is expected to primarily follow the direction of the USD today due to limited eurozone economic data. The market will monitor the speech by Bundesbank President Joachim Nagel at 15:30 and Italy’s business and consumer confidence indices at 16:00. Any positive outlook on the European economy or cautionary signals regarding inflation risks could help cap the downside for the Euro Technical Outlook: The technical chart reveals a short-term bullish trend as the price continues to make higher highs above the 37.92-37.94 support zone. The MACD stays above its signal line with a positive histogram, confirming buying support. Although the RSI is at 78.68 (entering overbought territory and signaling short-term consolidation risks), holding above 37.98 keeps the upward momentum alive toward 38.02-38.04. Conversely, failure to clear 38.02 or a positive opening in Thai equities could trigger profit-taking down to the 37.92-37.94 support levels. Support Level : 37.94-37.92 Target : 38.02-38.04 Stop Loss : 37.90