EUR/USD opens -0.21% as US yields moved higher on debt ceiling optimism nL8N37E5J1

EUR/USD fell as low as 1.0810 where key support held before bounce

The 100-day MA and 50% of 1.0516/1.1096 move coverage at 1.0805/10

S break below 1.0800 targets the 61.8 of that move at 1.0737

Trend lower continues as the 5, 10 & 21-day MAs are in a bearish alignment

Resistance is at the 10-day MA at 1.0914 and break would ease the pressure

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