• Steady after closing down 0.45% with the U.S. dollar up 0.45%

• Sterling likely quiet in Asia ahead of today's UK unemployment data

• Expecting tight range trading in Asia led by the US dollar and risk appetite

• Charts - Friday's bearish outside day, was confirmed by Monday's fall

• 5, 10 & 21 daily moving averages coil as daily momentum studies slip

• 21-day Bolli bands contract - a neutral setup but the uptrend struggles

• Monday's 1.3142 high then Friday's 1.3238 top are first resistance

• A close below 1.3038, 38.2% April/August rise would be a bearish signal

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