• Steady in a 1.0359-1.0368 range in Asia with risk appetite under pressure

• E-mini S&P -0.4%, Nasdaq e-mini -0.65%, 10yr Treasury yields -2bp 4.558%

• There is no significant EZ data or ECB speakers, so the USD will likely lead

• Charts - daily momentum studies fall, 21-day Bollinger bands expand

• 5, 10 & 21-DMAs edge lower, weekly moving averages fall - a bearish bias

• This week's 1.0535 high, then the December 1.0630 top are initial resistance

• November 1.0331 2024 low, then 1.0195 0.618% 2022/23 rise are first supports

• 1.0350 4.821 BLN, 1.0390 1.677 BLN, and 1.0400 6.33 4BLN, Dec 20 strikes

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