EUR/USD opened 1.0626 after rising 0.33% Friday to close at 1.0633

After trading 1.0615 it tracked higher as US yields eased and risk assets remained buoyant nL4N35E033

Muted response to China lowering growth target weighed on USD late morning nL1N35D02A

Heading into the afternoon EUR/USD is trading near session high at 1.0650

Resistance is at the 21-day MA at 1.0662 and close above would be bullish

More resistance is at the 38.2 of the 1.1034/1.0533 move at 1.0724

Support is at last week's 1.0536 low where buying is tipped

Key will be moves in US yields before and after key US non-farm payrolls

Bond market signalling a top in yields may be forming and this weighs on USD

For more click on FXBUZ