• Up 0.2% in early Asia after closing up 0.5% with the USD off 0.5%

• European pharma companies warn Trump's tariffs could expedite a shift to US

• Germany's CDU/CSU and SPD reach an agreement on a coalition government - NTV

• A viable German coalition is good news for Europe and European markets

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

• Daily momentum studies flat-line - signals show a net positive setup

• Monday's 1.1050 high and last week's 1.1147 2025 top are first resistance

• This week's 1.0880 base and Thursday's 1.0805 low are initial support

• 1.0950 884mln and 1.1000 1.214 BLN are the close April 9th strikes
Andy

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