Euro Edges Higher in Tight Range, Holds Below 1.15 Against US Dollar

Euro Edges Higher in Tight Range, Holds Below 1.15 Against US Dollar

Published: June 19, 2025 | 🖊️ Tredu FX Desk

EUR/USD Stable Amid Light Trading

The Euro (EUR) is firming modestly against the US Dollar (USD) but continues to trade just under the 1.15 handle, amid thin liquidity on account of a US market holiday. The pair is seeing limited movement, constrained to a narrow trading band as market participants await clearer direction.

Market Cues Lacking in Holiday Mood

With no major data releases scheduled and US desks largely offline for the day, low volatility and tight spreads are expected to dominate. This consolidation below 1.1500 could persist unless geopolitical headlines or surprise economic releases stir action.

Technical Snapshot

• Immediate resistance: 1.1500
• Support level: 1.1450
• EUR/USD is neutral in the short term, lacking momentum for a breakout in either direction.

You might also like:

• EUR/USD Technical Forecast – Key Levels to Watch
• Understanding Holiday Impact on Forex Liquidity
• Live Currency Heatmap