EUR/USD opened -0.49% at 1.0631 after volatile trading in wake of ECB nL1N33601N

After trading 1.0627 it rallied when Asian equity markets pared early losses

Heading into the afternoon it is trading around 1.0655 after touching 1.0662

EUR/USD trending higher with the 5, 10 & 21-day MAs in a bullish alignment

Support is at the 10-day MA at 1.0569 and break warns of top forming

Resistance is at the 61.8 of the 2022 fall at 1.0743

A break above 1.0750 would likely see trend higher accelerate

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