• +0.1% in a 1.1341-1.1382 range - off the early Trump tariff led highs
• Commodities up, Brent +2.3%, US copper +3.6%, stocks lower, STOXX 50 -0.3%
• China rejects Trump's accusation, EU bristles at US proposals in Asia
• U.S. diplomacy appears aimed at the social media audience in the U.S.
• Polish conservative Nawrocki, inspired by Trump, leads the presidential vote
• Charts - neutral daily momentum studies and 5, 10 & 21-day moving averages
• 21-day Bollinger bands gently expand - daily chart shows no strong bias
• 1.1278 21-day moving average, then 1.1211 low last week are initial supports
• 1.1425 April 25th high and 1.1437 upper 21-day Bolli band first resistance
• 1.1345, 983mln, 1.1350 1.692 BLN, 1.1365 678mln close June 2nd strikes
Andy
(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)