• +0.05% after closing up 1.4% after Trump did not initially raise tariffs

• EU fin mins will approve the updated French deficit-cutting plan on Tuesday

• EU ministers agree on unity, more competitive economy, need deeper US ties

• Charts - positive daily momentum studies, horizontal 21-day Bollinger bands

• 5, 10 & 21-DMAs edge coil, weekly moving averages fall - neutral setup

• 1.0437 2025 high, then 1.0465 upper 21-day Bollinger band initial resistance

• Monday's 1.0266 low, then the 1.0177 2025 base are the first supports

• 1.0437/65 2025 high and upper 21-day Bolli band should prove resilient

• 1.0400 3992 BLN, 1.0420 1.706 BLN, and 1.0450 1.878 BLN - Jan 21st strikes
Andy

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