• EUR/USD +0.3% from Fri 1.1518 low as DXY and UST yields grind lower

• FFR hike bets pared on softer than expected U.S. Jul NFP -23k (poll +80k)

• German industrial output (+0.2%) & exports (+0.9%) beat expectations in Jun

• Upbeat reports of U.S.-Iran peace progress emanating from both sides

• Wider Middle East uncertainty remains as Houthis resume attacks in Yemen

• U.S. Jul core CPI update Wed, Reuters poll consensus +0.2% m/m, +2.5% y/y

• EUR will encounter resistance near 1.1620, break above will enliven bulls

• Range Asia 1.15565-80, support 1.1350-55 1.1325, resistance 1.1620-25 1.1850
EUR Daily 55-DMA

(James Connell is a Reuters market analyst. The views expressed are his own.)