EUR/USD trading 1.0870/75 after closing flat on Friday at 1.0872

It has closed between 1.0870/80 for three straight days as market hesitates

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

Resistance is at 10-day MA at 1.0916 and break would warn bottom is forming

Support is at daily lows at 1.0835/45 - with Friday's low at 1.0845

Key support @ 1.0785/95 where 76.4 of 1.0635/1.1276 and 200-day MA converge

Market is looking ahead to Jackson Hole which commences on Thursday

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