• Steady in a 1.0484-1.0506 Asian range, with the U.S. dollar up 0.1%

• US refusing to co-sponsor UN motion backing Ukraine ahead of war anniversary

• Eurozone, German, and French manufacturing and services PMIs lead data risk

• The German election on Sunday will likely make European investors cautious

• Charts - 5, 10 & 21-day moving averages rise, 21-day Bollinger bands expand

• Daily momentum studies edge higher- Thursday's bounce leaves a positive bias

• Wednesday's 1.0401 low, then the Feb 13 1.0374 base are first supports

• This week's 1.0506 high, then the 1.0534 2025 top are first major resistance

• 1.0480 706mln, 1.0485 1.047BLN and 1.0500 815mln Feb 21 close strikes
Andy

(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)