Sharp rally off the March 2 low extends in overnight trade

21-DMA gets pierced but offers near the 10-DMA help stem the rally

US$ buying takes hold as US rates rise & risk sours a bit

EUR/USD erases gains, turns negative, falls below 21-DMA, daily cloud

Daily RSI diverges on the high & a daily doji candle forms

Signals suggests Tuesday's rally was likely a corrective bounce

Test of key 1.1950/55 support still likely, break targets 200-DMA

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