 Trading is relatively subdued in Asian session today with most major pairs and crosses staying inside Friday's range. Some additional pressure is seen in USD/JPY but loss is so far limited. Markets seemed to have well digested Fed Chair Jerome Powell's balanced message on tapering already. Attention will turn to this week's heavy-weight data like ISMs and NFP to gauge the timing of tapering, and thus the next direction in the greenback. Technically, we'd pay special attention to 1.1804 resistance in EUR/USD, 1.3785 resistance in GBP/USD, 0.9098 support in USD/CHF, 109.10 support in USD/JPY and 1.2577 support in USD/CAD. Synchronized break of these levels would indicate that Dollar sellers are back in full force. In Asia, Nikkei closed up 0.44%. Hong Kong HSI is up 0.55%. China Shanghai SSE is up 0.19%. Singapore Strait Times is up 0.81%. Japan 10-year JGB yield is down -0.006 at 0.019. | 
