EUR/USD opened 0.50% lower at 1.1848 after USD broadly gained on yield focus nL1N2L61JE

After it traded at 1.1855 it came under pressure and traded down to 1.1834

The US 10-year yield started to ease and moved down t0 1.56% from 1.59%

This has taken some pressure off the EUR/USD and its back around 1.1850

Key support is at the 200-day MA at 1.1823 and break would be bearish

A close below 1.1820 would put the Nov trend low around 1.1600 in focus

Resistance is at former support at 1.1950/55 where wellers are tipped

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