• +0.3% - volatile 1.0245/80 range in very early Asia with the USD -0.35%

• USD volatility may be on reports Trump is studying gradual Tariff hikes

• ECB chief economist Philip Lane suggests a cautious approach to rate cuts

• There is no tier one Eurozone data or ECB events today - USD to lead EUR/USD

• Charts - daily momentum studies ease, 21-day Bollinger bands slide

• 5, 10 & 21-DMAs slip, weekly moving averages fall - negative trending setup

• Friday's 1.0312 top, then last week's 1.0437 high are initial resistance

• 1.0195 0.618% of 2022/2023 rise then Monday's 1.0177 base are first supports

• 1.0250 561mln and 1.0275 620mln BLN are the close strikes for Jan 14th
Andy

(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)