• Off 0.25%, with the USD up 0.25%, after the US bombed Iran nuclear sites
• E-mini S&P -0.35%, Brent oil +2.2% $78.67 - risk off, but no panic so far
• IAEA says entrances to tunnels at Iran's Isfahan site hit by US strike
• Charts - daily momentum studies slip, 10 & 21-day moving averages rise
• 21-day Bollinger bands climb - daily charts retain a modest topside bias
• 1.1443 21-day moving average, then the 1.1372 June 6 base, initial support
• Friday's 1.1544 top, then the 1.1632 2025 high are the next resistance
• A close below the close 1.1443 21-DMA would end the May/June topside bias
• 1.1460 521mln, 1.1490 1.124 BLN and 1.1500 1.150 BLN close June 23 strikes
Andy
(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)