EUR/USD opened +0.56% at 1.0904 after German CPI and broad USD weakness underpinned nL1N3622M6

After trading 1.0902 it tracked higher on EUR/JPY buying and risk-on mood

EUR/USD rose to 1.0925 before offers ahead of the Mar 23 high @ 1.0930 capped

Heading into the afternoon the EUR/USD is trading around 1.0905/10

A clear break above 1.0930 targets the Feb 2 and 2023 high at 1.1034

Support is @ the 10-day MA @ 1.0824 and break would ease upward pressure

EZ and US inflation data out today as focus back on central bank expectations

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