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*Nov9 Euro-dollar open $1.1642,........>

EURO SUMMARY
EURO SUMMARY: *Nov9 Euro-dollar open $1.1642, range $1.1639 to $1.1655
*Euro-dollar opened in Asia toward the upper side of yesterday's $1.1586 to
$1.1655 range, where broad-based US dollar weakness was the theme after
Republicans in Congress said they might delay their proposed corporate tax cuts
to 2019.
*As the 16 pip range would indicate, the Asia session was a low-key affair, Euro
wandered aimlessly between $1.1639 to $1.1655.
*Resistance lies at $1.1662 (38.2% fib $1.1837-$1.1554 decline), while initial
hourly support is seen at $1.1622.
*French/Italian Industrial & Manufacturing Production data provides the event
risks for the session ahead.

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