• -0.05% after closing -0.65%, and the U.S. dollar up 0.75% with risk appetite

• Merz assures Zelenskiy that his government can be relied upon for support

• Trump calls for 30-day Russia-Ukraine ceasefire, warns of more sanctions

• EU prepares a possible 95-billion-euro response to proposed U.S. tariffs

• Charts- 21-day Bolli bands flat-line, 5, 10 & 21-day moving averages slip

• Daily momentum studies ease - the dip leaves modest bearish signals

• 1.1152 0.500% March/April rise, then 1.1053 0.618% are the first supports

• This 1.1380 high, then the 1.1572 2025 high, are the first resistance

• 1.1200 2.373 BLN and 1.1250/60 2.044 BLN close strikes for May 9th
Andy

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