Steady after closing down 0.6% with the safe-haven USD up 0.45%

Escalating Middle East tensions supported commodities and the USD

Eurozone inflation slipped below 2% - markets expect 2 ECB cuts in 2024

Charts - daily momentum studies roll over, 21-day Bollinger bands contract

5, 10 & 21-day moving averages coil - neutral setup despite the dip

Tuesday's 1.1143 high then last week's 1.1214 top are first resistance

Yesterday's 1.1046 base then the 1.1002 September low are initial supports

1.1025 2.59BLN, 1.1050 788mln and 1.1100 2.02BLN close strikes for Oct 2nd

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