EUR/USD opened -0.32% at 1.1508 after USD rose against most currencies nL2N2WU1DX

After trading at 1.0507 it tracked higher led by rallies in AUD and NZD

EUR/USD traded to 1.0526 and is settling around 1.1520 into the afternoon

Trading was quiet and market was thin due holidays in most of Asia

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

A break above the 10-day MA @ 1.0647 is needed to ease the downward pressure

Support is at last week's low at 1.0469 and break targets 2017 low at 1.0340

Eur/USD may consolidate ahead of key FOMC meeting on Wednesday

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