EURUSD opened at 1.141 today, with a high of 1.143 and low of 1.141 as of 07:00 AM WIB, showing a tight range. The euro starts cautiously, supported by Eurozone stability, but a stronger U.S. dollar looms due to month-end flows. Today’s U.S. core PCE price index at 8:30 PM WIB, expected at 2.6%, will be pivotal—a higher reading could push EURUSD to 1.139 support, while a lower one might lift it to 1.145 resistance.
Analysts sentiment suggests traders are watching for Fed rate hints, with some eyeing a breakout above 1.143. Technically, the pair’s neutral RSI hints at consolidation until data hits. Expect volatility post-8:30 PM WIB—watch for a drop to 1.137 or a rise to 1.147. Tap into this with my Exness strategy for low spreads. If you need more insights Commodities pairs such as XAUUSD trading insights. Visit tradegoldnow.com/daily-blog for more!