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*Jan3 euro-dollar open $1.2059,........>

EURO SUMMARY
EURO SUMMARY: *Jan3 euro-dollar open $1.2059, range $1.2042 to $1.2066
*Euro-dollar opened in Asia toward the upper side of yesterday's $1.2004 to
$1.2081 range, where despite firmer UST yields the US dollar remained under
pressure
*With Japanese markets again closed for a bank holiday, trading in Asia was a
subdued affair, the rate eased from $1.2066 to $1.2042 on reported light profit
taking.
*Having found demand in the low $1.2040's, the rate edged up to $1.2053 ahead of
the European open.
*Key-resistance is noted at $1.2092 (2017 high Sep8), while hourly support is
located at $1.2026.
*German unemployment data provides the initial event risk for the session ahead

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