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*Dec27 euro-dollar open $1.1858,.......>

EURO SUMMARY
EURO SUMMARY: *Dec27 euro-dollar open $1.1858, range $1.1855 to $1.1867
*Euro opened in Asia toward the lower side of yesterday's $1.1847 to $1.1879
range, where consolidation was largely the theme
*Unsurprisingly, the Asia session was a dull affair, the pair managed to carve
out a narrow $1.1855-67 range, but trading was kept to the bare minimum.
*Key-support is located at $1.1810/08, the level holds the 50% fib retracement
on $1.1718-$1.1902 rise and also the 100-dma, while above yesterday high
resistance is seen at $1.1896 (Dec25 high).
*Conference Board Consumer Confidence data provides the next event risk.
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