EUR/USD opens -0.54% after US yields continued to streak higher nL1N36K27N

Market pricing in a 87% chance the fed will hike 25 bps in May

Strong 2nd tier US data supporting view the Fed can remain hawkish nL1N36K1RB

EUR/USD closed below the 10-day MA at 1.0938 to suggest top is forming

Support is at 21-day MA at 1.0890 and a break ends short-term trend higher

More support is at the 38.2 of the 1.0516/1.1075 move is at 1.0862

For more click on FXBUZ