• -0.05% after closing -0.5% amid broad-based year-end USD strength =USD +0.4%

• Russian gas era in Europe ends as Ukraine stops transit - as expected

• Romania and Bulgaria become full members of EU's free-travel Schengen zone

• Expecting tight Asian ranges in FX majors - focus on regional markets

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

• Mixed 5, 10 & 21-DMAs, weekly moving averages fall - a modest bearish bias

• Monday's 1.0458 high, then the Dec 17th 1.0535 top are initial resistance

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

• 1.0370 611 mln and 1.0400 2.481BLN close significant strikes for Jan 2nd
Andy

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