EUR/USD Rallies to 1.1450 on Soft Payrolls as 1.1500 Expiry Looms

EUR/USD has surged to around 1.1450 after softer US non-farm payrolls data shifted near-term bias back to buyers. Earlier in the week, layered option expiries between 1.1350 and 1.1400 had capped gains and kept the pair pinned near its 100-hour moving averages around 1.1376-1.1398 ahead of the jobs report. With US markets closed for Independence Day, the large 1.1500 strike may now act as the next ceiling, though holiday-thinned volumes are expected to limit volatility unless intervention concerns in USD/JPY or broader risk sentiment intervene.