EUR/USD closed slightly higher at 1.0698 after recovering from dip to 1.0665

EUR/USD recovery coincided with US yields easing from earlier highs nL1N3CE2BX

Short-term support levels continue to hold and give EUR/USD a bullish bias

The 10-day MA is @ 1.066, 55-day is @ 1.0640 and 21-day MA is @ 1.0623

While those levels hold, EUR/USD longs will refrain from selling

Resistance is at the 38.2 of the July-Oct fall at 1.0764

Market waiting from fresh catalyst to break out of recent range

US CPI out later today may provide the spark for a breakout

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