EURUSD opened at 1.159 today, with a high of 1.160 and low of 1.159, reflecting a tight range as of early morning WIB. The euro starts cautiously, supported by Eurozone stability but pressured by a resilient U.S. dollar amid tariff talks. Today’s key event is the U.S. JOLTS job openings data at 8:00 PM WIB, which could shift sentiment. A strong report might strengthen the dollar, pushing EURUSD toward 1.157 support, while a weak figure could lift it to 1.162 resistance.
Sentiment on forex analysts suggests traders are eyeing a breakout above 1.160 if euro data surprises, though Fed rate expectations temper gains. Technically, the pair sits near a pivot at 1.1595, with RSI neutral, hinting at consolidation until data emerges. The narrow range indicates indecision, but post-8:00 PM WIB volatility is likely—watch for a drop to 1.155 if the dollar surges, or a rise to 1.164 if euro momentum builds. Trade this with my Exness strategy for low spreads. Visit tradegoldnow.com/daily-blog for more!