EUR/USD jumped from 1.0730 to as high as 1.0765 on Reuters ECB report nW1N3A403D

Unnamed ECB source said 2024 inflation projection by put inflation above 3%

ECB projection strengthens case for the ECB to hike another 25 bps Thursday

Move higher has EUR/USD trading above the 10-day MA at 1.0751

EUR/USD shorts were based on view Fed to remain more hawkish than ECB

Earlier Tuesday Doubleline Capital's Gundlach said Fed to cut rates H1 2024 nL4N3AO3VW

EUR/USD resistance is at the 21-day MA at 1.0808 wih sellers ahead of 1.0800

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