EUR/USD opened -0.27% after a choppy US session nL2N2X22BS

Asia was slightly risk-on with E-minis rising 0.35% and AXJ index +0.65%

EUR/USD edged higher and was 1.0535/40 heading into the afternoon

Market was side-lined ahead of key US CPI data later today

A hotter inflation reading will likely underpin USD gains

A weaker than expected US CPI should result in lower uS yields and USD

EUR/USD support has formed betweek 1.0465/95 were bids are eyed

Sellers are tipped ahead of 1.0600 with resistance at the 21-day MA @ 1.0662

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