• EUR/USD Trades up 0.35%, USD -0.2%, as Trump says he will delay EU tariffs

• Euro climbed on Friday after Trump announced the 50% EU tariffs

• Uncertainty surrounding U.S. policy appears to undermine USD confidence

• Charts- 21-day Bolli bands expand, 5, 10 & 21-day moving averages base/rise

• Daily momentum studies rise - daily charts show a topside bias

• Friday's 1.1280 base, then May 16th's 1.1131 low are initial supports

• 1.1425 Apr 28th top, then the 1.1448 upper 21-day Bolli, first resistance

• There are no significant close May 26th strikes
Andy

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