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*Dec20 euro-dollar open $1.1840,.......>

EURO SUMMARY
EURO SUMMARY: *Dec20 euro-dollar open $1.1840, range $1.1835 to $1.1847
*Euro-dollar opened in Asia at the upper side of yesterday's $1.1777 to $1.1849
range, where firmer bund yields were seen to underpin the single currency.
*Euro-dollar was a low-key affair in Asia, investors were on hold ahead of the
US Senate tax vote leaving the euro broadly unchanged on the session
*Notable close-by option expiries for today are at $1.1798-00(E1.34bn), they may
prove to be magnetic closer to the expiry time
*Resistance is seen at $1.1863-68 (Dec14 high/61.8% $1.1961-$1.1717), there is
also trend-line resistance just above at $1.1872, while initial support is found
at $1.1823 (Daily cloud top).
*German PPI provides the early focus for the session ahead

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