• Steady after closing down 0.2%, with the U.S. dollar +0.15%, EUR/GBP +0.25%
• Mixed data - EU retail sales missed, German IP, exports beat expectations
• Downward bias on the soft EZ economy as Trump policy underpins UST yields
• Expect tight EUR/USD ranges in Asia ahead of the often volatile US jobs
• Charts - neutral daily momentum studies, 21-day Bollinger bands slide
• 10 & 21-DMAs ease, weekly moving averages fall - a negative bias
• Monday's 1.0437 top, then Dec 17 1.0535 high are initial resistance
• Wednesday's 1.0273 low, then the 1.0224 January base are the first supports
• 1.0275 1.036 BLN, 1.0300 2.647BLN and 1.0315 1.453BLN close Jan 10th
strikes
Andy
(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)