Slippage extends into the reported......>

EURO-DOLLAR: Slippage extends into the reported support area between the earlier

Asian low of $1.1869 and hourly low of $1.1861. Further support noted between

$1.1855/45 ahead of stronger area between $1.1830/15. Trader reports this

morning in Europe highlighted the chance for a dollar correction, the strength

of which to be determined by today's data. Some suggested that an NFP below 150K

would be needed to counter this outlook. Market median 180K. Average Hourly

Earnings also in focus, market median 0.3%mm, 2.4%yy. Resistance $1.1889(has

capped recovery efforts 4 times since seeing $1.1893 Thursday) ahead of that

high of $1.1893, a break to expose $1.1910(Aug2 high). Barrier interest at

$1.1925 expected to draw sell interest ahead.