EUR/USD opened 1.0601 after closing Friday at 1.0583 - 0.43%

Gap higher sue to early slide in USD/JPY on BOJ report nL1N33704J

EUR/USD filled early gap and traded to 1.0582 before moving up again

It traded to 1.0612 before settling around 1.0605 into the afternoon

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

Support is at the 10-day MA @ 1.0573 and break would earn of easing momentum

Resistance is at the 61.8 of the 2022 fall at 1.0743

EUR/USD likely to consolidate as various factors offset

EUR/USD underpinned by rising Europe yields while recession fears cap

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