• +0.3% after closing up 2.3% with the USD -1.85%, down against all the majors
• Study finds Trump's 25% auto tariffs could cost US automakers $108 billion
• EU could tax big tech if Trump trade talks fail, Von der Leyen tells FT
• There is a real sense that tariffs are causing a kick-back against the US
• Charts - 21-day Bollinger bands expand, 5, 10 & 21-day moving averages rise
• Daily momentum studies climb - signals show a strong positive setup
• 1.1271, 0.618% of 2021-2022 fall and July 1.1276 2023 high first resistance
• Thursday's 1.0943 low then Monday's 1.0880 base are initial support
• After the jump, there are no significant close strikes for April 11th
Andy
(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)