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NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support

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Eurogroup Dijsselbloem's comments lift EUR broadly

Friday, February 20, 2015 4:19 PM UTC

Source: Thomson Reuters

EUR/USD Trend-Line off Jan low, EG's Dijsselbloem 'reason for optimism" comments lift EUR broadly
10 & 21-DMAs see test from downside as market whipped about
Short-Term stops above 1.1340 & 1.1355 run, tests hourly tops ~1.1375
Pair might see extension to 1.1450 area if resistance is breached
Thin liquidity likely adds to choppy & low conviction trades

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Eurogroup Dijsselbloem's comments lift EUR broadly

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