EUR/USD opened +0.22% at 1.0435 as USD eased against most currencies nL2N2X81ZD

Equity markets were firm in Asia with the AXJ index rising 1.4%

USD weakened against risk currencies while the EUR/USD was steady

It traded in a 1.0429/55 range and is 1.1440/45 into the afternoon

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

Resistance is at 10-day MA @ 1.0498 and break would warn momentum is slowing

Support @ yesterday's 1.0384 low and break would increase downward pressure

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