• Up 0.25% as Trump announces an Israel-Iran ceasefire, after closing up 0.1%

• Modest FX impact so far in the twilight zone into the Asia open

• WTI oil is off 4.55%, trading at USD 65.35 in a knee-jerk response

• If true, we can expect a major risk recovery once Asia opens

• Charts, 5, 10 & 21-day moving averages slip with neutral momentum studies

• 21-day Bollinger bands ease - overall, a modest negative setup

• Yesterday's -.6373 low then the 0.6344 late April base support

• Friday's 0.6495 high then 0.6552 June, and 2025 top are the first resistance
Andy

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