• +0.1% after slipping 0.3% as the USD firmed 0.2% as Trump eased auto tariffs

• Charts- 21-day Bollinger bands contract, 5, 10 & 21-day moving averages coil

• Germany's SPD vote on backing a CDU/CSU coalition today - approval expected

• Agreement will be well received by markets - no would hit the Euro hard

• Charts- 21-day Bollinger bands contract, 5, 10 & 21-day moving averages coil

• Daily momentum studies ease - the February/April uptrend remains stalled

• 1.1440 range top, then last week's 1.1572 high, are the first resistance

• April 15th, 1.1264 base and then the 1.1248 21-DMA are initial supports

• A close below the 1.1248 21-day moving average would end the topside bias

• 1.1375/95 3.442 BLN strikes are a potential magnet in Asia
Andy

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