EUR/USD opens 0.52% higher after making a 1-year high at 1.1068

Close above Feb 2 trend higher at 1.1034 strengthens bullish outlook

Diverging Fed-ECB expectations driving EUR/USD trend higher

Soft US data suggests Fed near peak - while ECB has more tightening in store

Next resistance of note for EUR/USD is at 61.8 of 2020/2022 fall at 1.1271

EUR/USD trending higher with the 5, 10 & 21-day MAs in a bullish alignment

Support is at the 10-day MA at 1.0945 and break would ease upward pressure

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