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*Aug30 Euro-dollar open $1.1972,.......>

EURO SUMMARY: *Aug30 Euro-dollar open $1.1972, range $1.1963 to $1.1984
*Euro opened in Asia at toward the lower side of yesterday's $1.1947 to $1.2070
range, where better-than-expected US consumer confidence data encouraged
profit-taking on Euro longs
*It was a less an auspicious session in the Asia-Pacific region, demand in
Euro-yen was predominantly responsible for the rise from $1.1963 to $1.1984.
Overall, Euro remained in a holding pattern ahead of European data
*Hourly low at $1.1947 is seen at initial support, while resistance is located
at $1.1994 (38.2% $1.2070-$1.1947 decline).
*Eurozone consumer confidence (0900GMT), German Aug CPI (1200GMT) provide the
event risk for the session(s) ahead which includes ADP employment change

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