EUR/USD at 1.0690 after closing Friday at 1.0639

USD weaker across the board on dovish shift in Fed expectations

Market responding to efforts underway to contain fallout from SVB collapse nL1N35K07G

Fed less likely to aggressively hike rates while dealing with liquidity issues

EUR/USD approaching 1.0702 high with the 38.2 of 1.1034/1.0524 at 1.0718

A break above 1.0720 would suggest a bottom is in place above 1.0500

Support is at the 21-day MA at 1.0637 and 10-day MA at 1.0617

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