Touched a high Friday of $1.1145 on.....>

EURO-DOLLAR: Touched a high Friday of $1.1145 on month-end demand before easing

through the fix to $1.1081 but met renewed demand interest into the dip which

allowed rate to end the week/month back above $1.11 ($1.1103 close). An initial

dip to $1.1094 in early Asia before risk linked demand emerged to take rate to

$1.1144 into opening Europe. Suggestion of resistance into $1.1150, with

technical resistance noted at $1.1163/67(Mar30/61.8% 1.1495-1.0636 2020 range).

Break here to open a move toward $1.1190/1.1200. Support seen into $1.1100, the

level also holding expiry interest for today's NY cut for E1.7bln, then $1.1080.

Risk appetite remains the key driver via USD sales. Focus this morning on final

Mfg PMI's from France, Germany and EZ, the afternoon bringing US Mfg PMI with

more important Mfg ISM. ECB monetary policy announcement Thursday moves into

view ahead of US NFP Friday. 

- MNI TECHS: EURUSD maintains a firmer tone following last week's gains.

Momentum and moving average studies are pointing north reinforcing present

direction. Focus on 1.1163/67 and potentially 1.1237(Mar 16 high) further out.

Support lies at 1.1070.