EURTHB Eyes German Bund YieldsEuro/Thai BahtSAXO:EURTHBYES_GroupYesterday Recap 8/9/26 Yesterday, EURTHB closed at 38.24 in the Thai market. Meanwhile, German Trade Balance came in at 21.3B, above the forecast of 16.0B and the previous reading of 15.4B, reflecting stronger-than-expected German trade activity and providing a positive factor for the EUR. Fundamental 9/9/26 Key Events Today | Forecast | Previous DE: 16:30 German 10-Year Bund Auction | - | 3.260% EUR-related factors are relatively limited today, with the market focusing on the German 10-Year Bund Auction, which could influence German Bund Yields and expectations for ECB monetary policy. Elevated Bond Yields continue to reflect inflation concerns and expectations that the ECB may maintain a tighter monetary policy stance. Meanwhile, the market remains focused on the ECB meeting on September 10, with the market currently pricing in a 25 bps rate hike, which continues to provide short-term support for the EUR. However, investors will closely monitor the ECB's guidance on the future path of interest rates. Overall, EURTHB is expected to move within a range with a slight upside bias, with the main focus on German Bund Yields and ECB rate expectations, particularly ahead of tomorrow's ECB meeting. Technical Analysis – EURTHB 1H Bias: Sideway Up Price remains in a Higher Low structure and is trading above the uptrend Trendline. If price holds above 38.18, it could rebound toward 38.28 and 38.33, respectively. However, if price breaks below 38.18, the Sideway Up structure would begin to weaken, with potential for further downside. Resistance: 38.28 – 38.33 Support: 38.18 Target: 38.28 → 38.33 Cut Loss: 38.16