The pair opened in Asia at $1.1870......>

EURO-DOLLAR: The pair opened in Asia at $1.1870 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. There is no economic data or schedule events in Asia likely to

influence direction, local traders expect sideways consolidation ahead of the

European open and the release of German Factory Order data. 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.