EUR/USD has settled around 1.1300 ahead of ECB decision. The pair opened at 1.1304 after USD eased following ADP jobs data.
A hawkish turn in ECB expectations also supported EUR after hot EZ CPI. In a quiet Asian session, it traded in a 1.1293/1.1305 range.
The market is looking ahead to the ECB decision later today. No change is expected, but some are looking for a hawkish tweak to guidance.
EUR/USD may be vulnerable if ECB President Lagarde remains dovish. The pair's resistance is at the 61.8 of 1.1483/1.1182 move at 1.1345.
Support is at the 10-day MA at 1.1262, and a break would ease upward pressure.
