• Steady in a tight 1.0760-1.0776 Asian range - EUR/JPY climbed 0.4%

• German factory orders and Eurozone retail sales lead the European data

• The Euro remains resilient - ECB cutting before the Fed appears priced in

• Charts - 5, 10, and 21-day moving averages conflict, momentum studies rise

• 21-day Bollinger bands contract - the daily techs show no strong bias

• 1.0817 upper 21-day Bolli and 1.0835, 0.618% of Mar/Apr fall key resistance

• Monday's 1.0750 low and Friday's 1.0724 base in Europe are initial supports

• 1.0750 2.146BLN and 1.0800 1.387BLN are the close strikes for May 7th

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