EUR/USD opened 0.17% lower at 1.2104 after reversing lower in NY session

A sharp rise in US yields was the tipping point for the EUR/USD nL1N2KM1QH

EUR/USD spiked to 1.2083 early Asia when stops below 1.20965 were triggered

It steadied when buyers emerged and it was 1.2095 heading into the afternoon

EUR/USD was helped by the 10-year US yield easing to 1.29% from 1.33% early

Support is at the 10-day MA at 1.2087 and 38.2 fibo at 1.2086

Sellers tipped above 1.2120 and break above 12145 eases downward pressure

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