• Trades up 0.35% with the USD off 0.3% amid US policy uncertainty

• The Euro continues to trade as a safe-haven after last week's 3.65% bounce

• ECB's Lagarde believes the European markets are handling US volatility well

• There are calls for a 50pt ECB cut on Thursday, but this is very unlikely

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

• Daily momentum studies climb - signals show a strong positive setup

• Friday's 1.1474 high and then 1.1495 August 2021 top are first resistance

• Earlier 1.1281 low and Friday's 1.1192 base are initial support

• 1.1345/50 999 mln are the only close significant strikes for April 14th
Andy

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