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*Dec6 euro-dollar open $1.1826,........>

EURO SUMMARY
EURO SUMMARY: *Dec6 euro-dollar open $1.1826, range $1.1816 to $1.1848
*Euro-dollar opened in Asia toward the lower side of yesterday's $1.1801 to
$1.1877 range, where optimism over the tax bill working its way through Congress
before year-end placed the greenback on the front foot.
*Euro consolidated between $1.1816 to $1.1831 for the majority of the session
*Late in the day, demand reported from real money names pushed the euro higher
from near $1.1830 to $1.1848. Once that interest subsided, euro eased to $1.1836
and was last at $1.1841
*Support lies at $1.1800 which represents the 1.618% swing on the $1.1851-1.1940
move, while resistance is seen at $1.1854 (38.2% fib $1.1940 to $1.1801
decline).
*German Factory Orders provides the initial event risk for the session ahead,
which also includes a speech from ECB's Mersch

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