EUR/USD opens 0.47% after safe-haven strategies were unwound on Monday nL1N3BM28Y

Risk assets rallied as market shifted focus away from Middle East crisis nL1N3BM2MY

EUR/USD testing 10-day MA at 1.0559 with 21-day MA at 1.0570

More resistance is at last week's 1.0640 high

Support is at the Oct 3 and 2023 low at 1.0448 with bids eyed at 1.0490

EUR/USD gains despite higher US yields and wider US-DE yield spread nL1N3BM1RJ

Consolidation likely ahead of US retail sales out later today

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