• +0.05% after closing off 0.35% with the USD up 0.35% on strong jobs data
• No progress on Ukraine at all, Trump says after a phone call with Putin
• Germany's Merz urges a quick US tariff deal with the deadline days away
• Potential for chaotic markets next week around July 9th, US tariff day
• Charts - neutral daily momentum studies, 21-day Bollinger bands rise
• 5, 10 & 21-day moving averages climb - daily charts support further gains
• The first significant resistance is the 1.1909 September 2021 top
• Monday's 1.1708 low, then the 1.1600 21-day moving average initial support
• A close below the close 1.1600 21-DMA would end the May/July topside bias
• No significant option strikes on the U.S. holiday
Andy
(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)