EUR-USD traded modestly lower in pre-European trade in Asia, posting a low of 1.0855 before trading within a 30-pip range above here. The 20-day moving average at 1.0817 is support. Key resistance is now marked at 1.1050-52, which encompasses the daily highs of yesterday and Mar-17. USD-JPY has re-established itself back above 119.00 after dipping to a seven-week low of 118.33 last Thursday.
[EUR, USD]