• EUR/USD +0.2% Thur as rising inflation stokes ECB Dec rate hike speculation

• EU inflation hit 3-year high in Oct - inline with consensus at +4.0% y/y

• EU Sep producer prices due Thur, Reuters poll consensus 2.5% m/m, 10.9% y/y

• Democrat's win in U.S. midterm elections lifting risk sentiment short term

• EUR move toward 1.1381 55-DMA possible if positive momentum holds

• 1.1065 17-month low the next target if the pair resumes downtrend

• Range Asia 1.1230-57, support 1.1065 1.0733, resistance 1.1285 1.1710
EUR Daily 21/55/100-DMA

(James Connell is a Reuters market analyst. The views expressed are his own.)