• Trades -0.45% near the base of a 1.0520-1.0586 EBS range with the USD +0.4%

• France - Le Pen told PM Barnier to negotiate or face a no-confidence vote

• Volkswagen workers to go on warning strikes across Germany also capped EUR

• Charts - positive daily momentum studies as 21-day Bollinger bands contract

• 5, 10 & 21-day moving averages coil - the Oct/Nov downtrend has stalled

• 1.0610 recent range top and the 21-DMA are key resistance - should hold

• A close above 1.0610 would be a positive signal, with a tight stop

• Last week's 1.0425 base and the November 1.0331 low are initial supports

• 1.0550 827 mln and 1.06 847 mln close major strikes for December 2nd

For more click on FXBUZ