July 28, 2022 06:39 GMT
- EUR sees some upside continuation, with Bund under pressure, helped by the early NRW CPI beat.
- The currency edges to session high versus the EUR, GBP, CNH, CHF.
- The Yen still holds gains against the EUR, with the latter in the green across the majors, besides the KRW.
- EURUSD is testing the immediate resistance at 1.0226 (20-day EMA), did print a 1.0234 high.
- Above the latter, would open to 1.0278, but moves might be limited ahead of more German regional CPI releases.