Steady after closing flat, but volatile around the strong U.S. retail sales

German investor morale unexpectedly improved in August but remains negative

Modest yield spread changes, 10yr bund +4bp 2.677%, 10yr UST +3bp 4.211%

Techs; inside day - 21-day Bollinger bands contract, momentum studies ease

5, 10 & 21-day moving averages fall - signals still show a negative bias

1.0879, 61.8% May-July rise, and this week's 1.0874 low are initial supports

1.0952 New York high and Monday's 1.0965 top are the first resistance

1.0850 1.487 BLN and 1.0900 715 mln are the close strikes for August 16

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