*Nov28 euro-dollar open $1.1898,.......>

EURO SUMMARY: *Nov28 euro-dollar open $1.1898, range $1.1891 to $1.1909

*Euro-dollar opened in Asia toward the lower side of the $1.1896 to $1.1961

range witnessed yesterday, where euro-yen supply and hawkish comments from Fed's

Kaplan saw the euro ease from the fresh two-month high posted earlier

*Euro faded at the open to $1.1891 on comments from Fed Chair nominee Jerome

Powell who said, 'he expects interest rates to rise somewhat further', the move

proved a small knee jerk reaction, as the euro quickly reclaimed the $1.1900

handle

*For the balance of the session the pair consolidated between $1.1897 and

$1.1810.

*Below Asia's $1.1891 low, support is found at $1.1870 (38.2% fib $1.1713-1.1961

move), while key-resistance lies at $1.1965 (76.4% fib $1.2092-$1.1554 decline).

*French and German consumer confidence data provide the initial event risks for

the session ahead.