EUR/USD opened flat at 1.0733 after a whippy NY session around US CPI

After a quiet start it edged higher and traded to 1.0760

Heading into the afternoon it is settled around 1.0755

USD broadly eased when Asia equity markets firmed as contagion fears wane

EUR/USD resistance is at the 50% of the 1.10341.0524 move at 1.0779

Support is at 1.0635/45 where the 10 & 21-day MAs converge

Bias is for EUR/USD to moved higher ahead of Thursday's ECB meeting

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