• Trades off 0.35% in a busy 1.0425-1.0500 range with the USD up 0.4%

• Trump pledged 25% tariffs on Canada and Mexico, extra 10% on China

• Sharp tariff increases will support UST yields - bad news for EUR/USD

• With no tier 1 EU data or ECB speakers, the USD will lead EUR/USD offshore

• Charts - conflicting daily momentum studies as 21-day Bollinger bands slip

• 5, 10 & 21-day moving averages track lower, the bearish setup continues

• Thursday's 1.0555 high, then last week's 1.0610 top are the first resistance

• Today's 1.0425 base and then Friday's 1.0331 low are initial supports

• 1.0415 1.739 BLN and 1.0475 1.606 BLN close strikes for Nov 26

For more click on FXBUZ