EUR/USD gapped up to 1.1041 early Asia closing Friday -0.11% at 1.1016

It has filled in the gaps and is settling just above 1.1010

Trading expected to be thin with holidays in Asia and London

Range trading likely ahead of key Fed and ECB meetings this week

Market not focussing on banking problems as First Republic takeover appears imminent nL1N36X09X

EUR/USD trend higher losing momentum after failure last week to break 1.1100

5, 10 & 21-day MAs remain in a bullish alignment, but 5-day tilting lower

Support is @ 21-day MA @ 1.0967 and close below confirms end of trend higher

Resistance is @ Friday's 1.1045 high & last week's multi month high @ 1.1096

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