EUR/USD opens +0.18% after another whippy trading day

It fell to 1.0802 after weak EZ PMI before bouncing on weak US PMI nL1N3A40I6nL1N3A423B

EUR/USD fall held 200-day MA, which came in at 1.0799 Wednesday

It ascends to 1.0801 today and is validated as key support

Resistance is at the 10-day MA at 1.0884 and 21-day MA at 1.0934

A close above 1.0935 would indicate trend lower has run its course

A close below 1.0800 would likely see the down-trend accelerate

Powell and Lagarde speeches at Jackson Hole may determine which side breaks

For more click on FXBUZ