EUR/USD opened -0.9% at 1.0478 as surging US yields underpinned USD nL2N3B81YJ

EUR/USD a 1.0462/82 range in Asia and is near session low into the afternoon

All markets following the lead of surging US Treasury yields

Support for EUR/USD is at the 50% retracement of the 0.9528/1.1276 at 1.0402

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

Resistance is at the 10-day MA at 1.0572 and 21-day MA at 1.0641

Selling rallies while the 10-day MA caps is the favoured strategy

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