EUR/USD opens -0.30% after better US retail sales saw bounce in US yields nL1N3CG2PI

Spread between US 10-year and DE 10-year yields widened 6 BPs

Support is at the 200-day MA at 1.0804 and former resistance at 1.0755/65

Resistance is @ the 61.8 of the July/Oct fall at 1.0959

Sellers are tipped ahead of 1.0900 with more offers ahead of 1.0950

Bias is bullish as EUR/USD is in a short-term trend higher

The 5, 10 & 21-day MAs are in a bullish alignment and pointing higher

Only a fall below the 10-day MA would suggest a top is forming

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