After the recently reached highs, the volatility of the pair remains reduced. The quotes are kept in a narrow range of 1.0905-1.0940. However, in the near future, today, the publication of data on initial jobless claims in the United States is expected. The news can become a catalyst for the instrument to exit the formed range and the emergence of volatility. Accordingly, situations to open profitable positions may arise.
To make trading decisions, it will be necessary to assess the volatility and dynamics of the price movement of the instrument after publication.