• +0.05% after closing up 0.85% to a fresh 2025 trend high with the USD -0.73%

• Economists predict Germany to return to growth after 2 years of contraction

• ECB's Schnabel, a hawk, said ECB monetary policy is in a 'good place' now

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

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

• Yesterday's 1.1486 low then last Friday's 1.1372 base are initial supports

• The 1.1632 2025 high yesterday, then 1.1692 Oct 2021 high first resistance

• 1.1581 upper 21-day Bolli band suggests the euro is overbought short-term

• 1.1550 592 mln and 1.1600 581 mlnc lose Jun 13 strikes
Andy

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