EUR/USD opened +0.15% at 1.0576 after showing resilience in face of surging US yields nL1N3BN2JO

It eased to 1.0560 before getting a lift from better than expected China GDP nP8N3AU00J

Heading into the afternoon it is trading unchanged around 1.0576

Close above the 21-day MA (1.0566) suggests a short-term bottom has formed

The next level of resistance is at Oct 10 high at 1.0640

A break above 1.0650 would confirm EUR/USD has bottomed for now

Support is at Tuesday's 1.0536 low with bids tipped at 1.0530

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