• +0.1% after falling 0.6% as German ZEW plunged, triggering profit-taking

• EZ industrial output beat forecasts in February, +1.1% vs 0.3% f'cast

• Spanish minister optimistic on 'fair' US-EU trade deal after meeting Bessent

• Charts - 21-day Bollinger bands expand, 5, 10 & 21-day moving averages rise

• Mixed daily momentum studies - daily signals retain a positive setup

• Tuesday's 1.1380 high and then Friday's 1.1474 top are first resistance

• Friday's 1.1192 base and the 1.0880 April 7 range base are initial support

• Close below 1.1048, 0.382% of the Feb/Apr rise would end the topside bias

• 1.1280 497mln and 1.1300 722mln close strikes for April 16th
Andy

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