EUR/USD has eased below 1.0990 and is below 21-day MA at 1.0996

The next support is at Friday's low @ 1.0967 hit after US non-farm payrolls

Market is long EUR/USD as evidenced by IMM data showing net longs at 170K

Multiple fails ahead of 1.1100 frustrating EUR/USD bulls

A close below the 21-day MA would signal end of short-term trend higher

A break below 1.0965 targets the 38.2 of the 1.0516/1.1096 move at 1.0874

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