EUR/USD opens +0.41% after USD gave back ground made on Friday-Monday nL1N36L2B2

Upward momentum for US yields fades as market only prices in 1 more Fed hike nL1N36L2FQ

EZ yields remain firm on hawkish ECB outlook nL1N36L0VV

Bias is for higher as the 5, 10 & 21-day MAs are in a bullish alignment

Momentum is lacking however, as the 5-day MA is rolling over

Support is at the 10-day MA at 1.0949 and 21-day MA at 1.0902

Resistance is at Monday's 1.1000 higher where sellers are tipped

A break above 1.10000 targets the April 14 trend high at 1.1075

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