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*Nov23 euro-dollar open $1.1822,.......>

EURO SUMMARY
EURO SUMMARY: *Nov23 euro-dollar open $1.1822, range $1.1813 to $1.1838
*Euro-dollar opened in Asia toward the upper side of the $1.1733 to $1.1827
range witnessed yesterday, where talk of a new 'grand coalition' in Germany,
weaker US economic data and dovish Fed minutes placed the greenback on the
defensive.
*Euro dipped from near $1.1825 to $1.1813 with reported sales from euro-yen
*As the cross recovered, euro pushed over yesterday's $1.1827 top to print a new
high of $1.1838 before fading 
*Initial resistance lies at $1.1847 (daily Bollinger band top), a break to
expose key-resistance at $1.1883 (61.8% fib $1.2092-$1.1554 decline), while
Asia's base of $1.1813 provides initial support.
*German Q3 GDP provides the initial event risk for the session ahead, which
includes German/Eurozone preliminary PMIs for November.

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