EUR/USD opened 1.0883 after getting underpinned by EUR/JPY buying

US yields moved higher in Asia with the 10-year yield trading to 2.83%

USD moved higher and the EUR/USD traded down to 1.0866 at one stage

Heading into the afternoon it was settled between 10870/75

Resistance is 1.0955 where yesterday's high and 10-day MA converge

Support is at last week's 1.0836 low and March 7 trend low at 1.0806

EUR/USD likely tor remain capped while US yields continue to press higher

Range may be limited ahead of ECB meeting Thursday

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