• Steady after closing down 0.6%, with the U.S. dollar up 0.5%

• The service sector in Germany may be the much needed engine for growth

• The German government remains under pressure to call a quick election

• Charts - negative daily momentum studies, 21-day Bollinger bands expand

• 5, 10 & 21-day moving averages edge lower, signals retain a bearish setup

• Monday's 1.0728 high then Thursday's 1.0824 top are initial resistance

• 1.0608, 0.382% of 2022/2023 rise and 1.0601 2024 low are major support

• 1.0625 1.110 BLN and 1.0725 2.285 BLN are the major close strikes for Nov 12

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