EUR/USD opens barely changed after a whippy US session around US CPI

Sellers at 1.0750 capped for the second day in a row

Higher US yields offset EUR/JPY buying to help maintain range

EUR/USD resistance formed around 1.0750 with 50% of 1.1034/1.0524 at 1.0779

Key support is at 1.0635/45 where the 10 & 21-day MAs converge

Market looking to ECB meeting Thursday where hawkish expectations have been scaled back

Bias is for EUR/USD to move higher while 1.0635/45 holds on dips

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