EUR/USD opened -0.70% at 1.0970 after threat of more Russia sanctions weighed nL5N2W21XZ

In a very quiet Asian session it consolidated in a 1.0966/79 range

Heading into the afternoon it is unchanged around 1.0970

Resistance is at the 21-day MA at 1.1012 and break eases downward pressure

Support is at the 61.8 of 1.0806/1.1185 at 1.0950 and break targets 1.0806

EUR under pressure against commodity currencies due to focus back on Russia-Ukraine nL5N2W25PF

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