EUR/USD opened +0.10% at 1.0710 after bouncing from 1.0659 low

It consolidated in Asia and traded in a 1.0703/15 range

EUR/USD support is at the 10-day MA at 1.0651 and 55-day MA at 1.0645

A break below 1.0640 targets the 21-day MA at 1.0609

Resistance is at the 38.2 of the July/Oct fall at 1.0764

EUR/USD tracking US-DE yield spread as US yields continue to ease

Fed Chair Powell speaks again later today and may touch on monetary policy

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