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The USD remains range-bound ahead of the US January PPI data release, with mixed movements against major pairs like EUR/USD, USD/JPY, and GBPUSD. Technical analysis highlights key levels for EUR/USD above 1.1800 and below 1.1760, USD/JPY around 155.76-156.28, and GBPUSD near 1.3445-1.3508. The PPI report at 8:30 AM ET could drive directional bias, with expectations for a 0.3% MoM rise. Traders are monitoring these levels for potential breakouts amid a non-trending environment.
