EUR/USD opens +0.90% as repressions of SVP collapse heavily weigh on USD

Collapse of US 2-year yield and Fed Funds pricing suggest Fed almost finished nL1N35L2J4nL1N35L2D6

Countering impact is a dovish shift in ECB expectations due to bank turmoil nL1N35L0UF

US CPI later today and ECB Thursday will ensure plenty of volatility

EUR/USD outlook bullish after close above 38.2 fibo at 1.0718

Resistance is at 50% of 1.1034/1.0524 move at 1.0779

Support is at 1.0635/40 where the 10 & 21-day MAs converge

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