Steady early after closing down 0.3% with the U.S. dollar up 0.3%

Germany looks for an early election after Scholz requests a confidence vote

A functioning German government is essential for Europe and Euro confidence

ECB to cut 25pb - potential dovish tone in the statement, press conference

Charts - daily momentum studies conflict, neutral 21-day Bollinger bands

5, 10 & 21-DMAs slip, weekly moving averages fall - a modest negative setup

1.0668 0.382% of the September/November fall remains pivotal resistance

This week's 1.0594 high and the December 1.0630 top are the first resistance

Last week's 1.0461 base and the November 1.0331 low are initial supports

1.0475 1.093 BLN and 1.0500 1.669 BLN close major strikes for Dec 12th

For more click on FXBUZ