EUR/USD heavy as spreads widen & daily RSI weighs

Source: Thomson Reuters

• EUR/USD remains heavy post-US data, USD slip not impressive, broad based bid still extant
  
  
• Spreads widen & daily RSI weighs, 10-DMA crossing below 21-DMA, supports bears
  
  
• 1.0550/60 is key short-term support, break likely sees stops run
  
  
• Beyond that area pair has little support until the 2015 low (1.0457)
  
  
• Above 1.0710/30 eases short-term bear pressure