EUR/USD opened 1.0700 after closing Friday +0.15% at 1.0694

USD broadly moved higher early Asia and EUR/USD dipped to 1.0673

Heading into the afternoon it is trading with offered tone around 1.0680

EUR/USD trending lower with 5, 10 & 21-day MAs in a bearish alignment

Resistance is at the 10-day MA at 1.0705 and 21-day MA at 1.0791

Support is at the 76.4 0f the 2022 rise at 1.0612 - which was Friday's low

Hawkish Fed expectations will likely cap EUR/USD rallies in immediate-term

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