EURTHB Market Reacts to Weak European GrowthEuro/Thai BahtSAXO:EURTHBYES_Group Market Analysis: European GDP was reported at 0.8%, matching forecasts but showing a significant decline from the previous 1.2%. This reflects a slowing European economy, causing the Euro to weaken against local currencies, with EURUSD dropping to 1.1714. Technical Outlook: The trend remains strongly bearish due to weak economic data. Technical analysis indicates a primary support level at 37.82. A rebound is expected around the 38.00 zone during the afternoon session, as profit-taking in the stock market may lead to a slight weakening of the Baht. Stop Loss : 37.80 Support Level : 37.82 Target : 37.98 – 38.00