EUR/USD opens +0.85% after USD fell across the board on softer US CPI nL1N3331LO

Slide in US yields ahead of Fed and ECB meetings underpinned EUR/USD nL1N3332BC

EUR/USD traded to 6-month high at 1.0679 before USD staged mild recovery

It is trending higher with the 5, 10 & 21-day MAs in a bullish alignment

Support is at the 10-day MA at 1.0542 and 21-day MA at 1.0444

Resistance is at the 61.8 fibo of the 2022 fall at 1.0743

Asia likely to be cautious ahead of the FOMC decision late Wednesday

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