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EUR/USD eyes 1.0710/20 on Greenback dump

Wednesday, April 15, 2015 6:08 PM UTC

Source: Thomson Reuters

EUR/USD buoyed to new day's high as USD/JPY's 119 break ignites USD slide
Narrowing 2yr DE-US yield spreads likely aid the lift
1.0710/20 zone (lows 3/31 & 4/1, 38.2 Fib of 1.1036-1.0521) in play
If pair breaks above, more stops likely run, 1.0775/90 then targeted
Daily RSI biased up, monthly RSI poised to turn up

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EUR/USD eyes 1.0710/20 on Greenback dump

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