EUR/USD opened 1.2110 after gaining 0.22% Friday and closing at 1.2118

EUR/USD rallied early Asia when USD eased - led by AUD/USD and NZD/USD

It traded as high at 1.2134 before cunning into selling

Risk assets gave back some early gains and EUR/USD eased back to 1.2115/20

Support comes in at the 10-day MA at 1.2108 and the 21-day MA at 1.2093

Resistance is at the 55-day MA at 1.2150 and last week's 1.2169 high

EUR/USD consolidating while risk currencies trend higher against USD

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