• -0.1% early after trading a tight 1.3052 - 1.3181 range last week

• Short end UST yields surged on Friday - US2YT=RR 2yr 2.488% in Asia - +2bp

• Widening Treasury-gilt spreads provide underlying U.S. dollar support

• Charts; neutral momentum studies - 10 & 21 DMAs edge gently lower

• 21 day Bollinger bands contract - modest net negative signals

• First major support is 1.3000 lower 21 day Bollinger band and the 2022 low

• 1.3146 London high Friday, then last week's 1.3181 high initial resistance

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