EUR/USD opens +0.23% after USD and JPY eased across the board

Modest risk rally encouraged USD selling and EUR/JPY gains nL1N37C32U

EUR/USD trending lower with the 5, 10 & 21-day MAs in a bearish alignment

Resistance is at the 10-day MA at 1.0955 and 21-day MA at 1.0977

Support is at the 50% of the 1.0516/1.1096 move at 1.0806

EUR/USD consolidation likely to continue ahead of US retail sales Tuesday

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