• +0.05% early after closing up 0.2% as the USD eased with UST yields

• German tax revenue fell 7.9% in July - bad news for the economic outlook

• Expecting a tight range in Asia ahead of PMI's across Europe

• Charts; daily momentum studies climb, 21-day Bollinger bands expand

• 5, 10 & 21-day & week moving averages rise - signals remain bullish

• 1.1037 10-day moving average and this week's 1.1012 low are key supports

• Targets major resistance at 1.1271, 0.618% of the 2022-2022 fall

• There are no significant close strikes for August 22nd

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