EUR/USD briefly pierced the trend line off the July 18 high then fell

Pair slid towards the Aug 3 daily high but stalled, buyers emerged

US$ selling driven by drop in UST 2-yr yieldUS2YT=RR lift EUR/USD

EUR/USD is now near the 10-DMA & a daily bull hammer candle formed

RSIs currently are near neutral & a monthly doji candle is in place

Investors may not be aggressive until key data risks pass

July China, German, US CPI and PPIs are due, may impact risk significantly

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