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EUR/USD ranges rule, but encounters plenty of event risk

Tuesday, February 24, 2015 5:44 AM UTC

Tight Asian range into Yellen's testimony & Greek submission
1.1280-85 1.3BLN, 1.1300 1.3BLN & 1.1315 543M option strikes provide support
Momentum studies conflict - 5, 10 & 20 dma's curl - 20 day Bollinger's contract
Implies continued consolidation
Initial support/resistance is NY 1.1295/1.1361 range

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EUR/USD ranges rule, but encounters plenty of event risk

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