• Off 0.1% in Asia, at the base of a 1.1431-1.1454 range, as the USD firms

• Chinese chamber urges EU to reconsider measures on the medical device sector

• EU backs curbs on Chinese medical device firms' bidding in public tenders

• This may be a pivotal test case for China/Eurozone ongoing trade relations

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

• 21-day Bollinger bands expand - charts show the topside bias has resumed

• Yesterday's 1.1341 low then 1.1287 21-day moving average initial supports

• 1.1470 upper 21-day Bolli band and 1.1572 April & 2025 high first resistance

• 1.1400 1.706 BLN and 1.1450 1.222 BLN close June 3rd strikes
Andy

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