• Off 0.15% with the USD 0.15% and 10yr UST yields +3bp 4.507% on TWEB

• Europe talks up more defence spending but Ukraine peacekeeper plan divides

• European leaders warn against Ukraine ceasefire without peace deal- official

• Charts - rising 5, 10 & 21 DMAs as 21-day Bollinger bands expand

• Positive daily momentum studies - daily signals remain constructive

• Friday's 1.0447 low, then Thursday's 1.0374 base are initial supports

• Yesterday's 1.0506 high then the 1.0534 2025 top are the first resistance

• 1.0450 946mln and 1.0500 1.320BLN are the close strikes for Feb 18th
Andy

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