EUR/USD opens +0.48% after USD eased against most currencies nL1N36E214

A sharp rise in EZ bond yields offset rising US Treasury yields nL4N36E1MO

Close above 10-day MA (1.0902) shifts pressure to the upside ahead of US CPI

Next resistance is at the April 4 high at 1.0973

Below the 10-day MA - key support is at the 21-day MA at 1.0824

EUR/USD likely to consolidate ahead of US CPI later today

Core CPI in focus with market expecting +0.40% M/M and +5.6% Y/Y

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