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EUR/USD pierces 55-DMA, bullish RSIs and tighter yield spreads aid

  • EUR/USD pierces 55-DMA, a close above bolsters a bull view

  • Bullish RSIs and slightly tighter yield spreads aid lift to new short-term high

  • Pair could test 1.1050/60 zone pre-Fed, if Fed dovish zone may break

  • Offers into April 7 high, stops >1.0960, more offers into 1.1000

  • Very little pullback seen in recent sessions so bears are vulnerable

  • Market Data
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