• Up 0.1% after closing down 0.25% as soft EZ inflation fuelled ECB cut hopes

• EURIRPR prices an April 17th ECB 25pt cut to 2.25% at 81.3%, another in July

• EU's von der Leyen has a 'strong plan' to hit back at US tariffs if needed

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

• Daily momentum studies ease - Feb/March uptrend stalled - neutral setup

• Last week's 1.0858 top and then the 1.0955 2025 high are first resistance

• 1.0735 lower 21-day Bolli band then the pivotal 1.0729 200 DMA support

• 1.0790 1.137BLN, 1.0800 2.348 BLN, 1.0825 418mln close April 2nd strikes
Andy

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