Eur/Usd: Asia open $1.1795, range......>

EURO SUMMARY: Eur/Usd: Asia open $1.1795, range $1.1791-1.1824. Europe open

$1.1812, range $1.1802-18.

* Macro demand, same names that were noted dip buyers Friday (post NFP) and

Monday, evident in early Asia. 

* These names were cited for taking Eur/Usd back above $1.1800. 

* Strong sales of Usd/Cny and Usd/Cnh prompted stronger dollar sales which

lifted rate through Monday $1.1814 high to $1.1824.  

* Move appeared to be a one off flow, once interest dried up rate eased to to

$1.1807 then consolidated around $1.1810.

* Early Europe squeezed rate down to $1.1802 but demand into $1.1800 cushioned

move and allowed bounce to $1.1818. 

* Rate again settled around $1.1810 in late morning trade. 

* Business in general was very subdued, most turning focus toward Friday US CPI

for next inspiration. 

* Resistance noted at $1.1824-31. Support $1.1791, $1.1781/78 ahead of $1.1766

and $1.1750.