EUR/USD opened +0.06% at 1.0853 despite lower US yields nL1N3CH317

In a very quiet Asian session to could only manage a 1.0849/57 range

Bids around 1.0830 and sellers ahead of 1.0900 containing price action

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

Support is at 200-day MA at 1.0805 and break would suggest a top is forming

Resistance is at the 61.8 of the July/Oct fall at 1.0959

Falling US yields underpinning EUR/USD and giving it a bullish bias

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