The EUR/USD pair trades within a tight range near 1.1440 during the Asian trading hours on Friday. The stabilization indicates market caution as traders await the crucial U.S. Nonfarm Payrolls (NFP) data for May, due at 12:30 GMT. Market analysts suggest that the upcoming data will heavily influence currency trends. A better-than-expected NFP report could strengthen the U.S. dollar, while disappointing figures may add pressure on the currency. Traders remain vigilant and are positioned ahead of potential volatility. Stay tuned for more updates on this major currency pair.