EUR/USD opened -0.75% at 1.0442 after USD firmed and EUR/CHF sold off

After trading at 1.0433 early Asia - EUR/USD drifted higher

Heading into the afternoon it is trading around session high at 1.0457

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

A break above the 10-day MA at 1.0518 would ease downward pressure

Next support is at the June 15 low at 1.0359 ahead of the 2022 low at 1.0349

Key support is at the 2017 trend low at 1.0340 and break would be very bearish

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