EUR/USD opens -0.14% as rising US yields underpinned USD

It traded as high as 1.1053 before USD buying took hold

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

Momentum is waning and a close below the 21-day MA (1.0997)ends the trend

Resistance formed at 1.1090/1.1100 needs to break to energise trend

A close below 21-day MA at 1.1097 targets 38.2 of 1.0516/1.1096 at 1.0874

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