• +0.25% with the USD broadly weaker, led by EUR +0.35% and JPY -0.35%

• Hawkish weekend ECB comments and Japan exporter selling capped the USD

• Trades towards the top of a 0.6960 - 0.6994 range, busy morning on D3

• AUD set to driven by risk appetite and the USD until CPI on Wednesday

• Charts; neutral momentum studies, 21 day Bollinger bands head higher

• 5, 10 & 21 day moving averages rise - positive setup back in play

• Asian 0.6994 high then last week's 0.7063 top first resistance

• Close below 0.6846/66, 50% Dec/Jan rise and 21 DMA would be bearish

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