EUR/USD opens 0.40% lower despite easing US yields nL1N2JO39EnL1N2JO2AF

The key 21-day MA (1.2226) continues to cap attempts to push it higher

Support formed at 1.2130/40 with break targeting 38.2 fibo at 1.2063

The inability of EUR/USD to rally when US yields eased a concern for longs

EUR/USD vulnerable for deeper correction while 21-day MA holds

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