• Off 0.2% with the USD up 0.2%, after closing down 0.3% with the USD up 0.25%

• Euro zone industry, trade took big hits in April amid tariff turmoil

• High oil prices amid Israeli strikes on Iran would hurt German economy - DIW

• Surging oil will boost inflation, making most central banks cautious

• Charts - neutral daily momentum studies, 5, 10 & 21-day moving averages rise

• 21-day Bollinger bands edge higher - daily charts retain a topside bias

• Thursday's 1.1486 low, then the 1.1372 June 6 base are initial supports

• Last week's 1.1632 2025 high, then 1.1692 Oct 2021 high first resistance

• Uptrend remains in place while 1.1395 21-DMA holds on the close

• 1.1500 3.855 BLN, 1.1565 1.997 BLN and 1.1580 1.607BLN close June 16 strikes
Andy

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