*Aug4 Euro-dollar open $1.1870,........>

EURO SUMMARY: *Aug4 Euro-dollar open $1.1870, range $1.1869 to $1.1889

*Euro opened in Asia toward the upper side of yesterday's $1.1831 to $1.1893

range, where news reports stating that Special Counsel Robert Mueller has

impaneled a grand jury in Washington to investigate allegations of Russian

interference in 2016 U.S. election kept the greenback on the defensive.

*Ahead of key data from the US, the euro was in that familiar holding pattern,

with investors reluctant to add to positions. Euro trekked 10 pips or so either

side of $1.1880 with little in the way of flow to report

*Option expiries for today include, $1.1825(E583mn), $1.1850(E871mn) and 

$1.1875-80(E466mn)

*A break above yesterday's $1.1893 high should encounter resistance at

$1.1906/10, the level marks the Max 5th wave target(rise from $1.1650), and Aug2

high, while initial hourly support is located just above $1.1860.