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EUR/USD deals at ~$1.1400 at writing,...>

EURO-DOLLAR
EURO-DOLLAR: EUR/USD deals at ~$1.1400 at writing, 20 pips higher on the day. 
- The pair edged higher Friday, as it was lifted to session highs at $1.1423 by
soft U.S. jobs data before easing off. 
- Italy's government is set to meet today to discuss possible changes to its
expansionary budget, before the fiscal plan faces the Senate vote and is put to
discussion with EU leaders on Dec 13. 
- Bulls eye the key $1.1410/20 level, which has formed a triple top. A break
above would see bulls regaining control and shifting focus to the 55-DMA at
$1.1436. Conversely, bears need a fall through Friday's low at $1.1360 before
challenging the 21-DMA at $1.1321. 
- EZ spotlight this week falls on ECB MonPol decision due Thursday, with Friday
set to bring a raft of ECB speak in the wake of the decision. Key economic
releases include French & German CPI due Thursday, as well as EZ & German m'fing
PMIs due Friday.

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