• +0.1%, above the often pivotal 1.1279 21 DMA - close above would be bullish

• US intel suggests Israel preparing strike on Iran's nuclear facilities, CNN

• If true, a major escalation of the Middle Eastern conflict - Brent +1.15%

• EU, Britain go ahead with new Russia sanctions without waiting for Trump

• Charts- 21-day Bollinger bands contract, 10 & 21-day moving averages slip

• Daily momentum studies base/rise - daily charts show no strong bias

• Friday's 1.1131 low, then 1.1053 0.618% Mar/Apr rise are initial supports

• The May 1.1380 high, then the 1.1425 April 28th top, next resistance levels

• 1.1265/70 1.746 BLN, 1.1300/05 1.786 BLN close May 21 strikes may contain
Andy

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