Trades down 0.06% after closing off 0.13% with the US dollar up 0.27%
Mixed German data as exports rebounded but industrial orders disappointed
EU needs a strong German economy - yield expectations lead EUR/USD
Charts - 5, 10, and 21-day moving averages plus momentum studies conflict,
21-day Bollinger bands contract - the bounce has stalled, no strong bias
1.0889 upper 21-day Bolli band and last week's 1.0812 high key resistance
Friday's 1.0724 base and then Thursday's 1.0675 low are initial supports
1.0750 962mln and 1.0775/80 726mln are the close strikes for May 8th
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