EUR/USD opened -0.44% at 1.0955 after USD gained on risk aversion nL1N39P1O6

EUR/USD trading was quiet with Singapore on holiday

After a quiet start it drifted higher when USD/CNH eased after China CPI nL1N39Q02Z

EUR/USD traded to 1.0971 and settled around 1.0970 into the afternoon

Support is at 1.0925/30 where the 55 and 100-day MAs converge

A break below 1.0925 targets the 61.8 of the 1.0635/1.1276 move at 1.0879

Resistance is @ the 21-day MA @ 1.1071 and break would end downward pressure

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