EUR/USD sank 1.2123 to 1.2092 between 8.10GMT and 8.50GMT

Pair rose to 1.2099 by time IFO was released and 1.2109 EBS after

IFO 92.4 in Feb vs 90.5 f/c. Current conditions 90.6 vs 89.0 f/c

Expectations rose to 94.2, consensus 91.8 nS8N2G902B

Ranges are unfolding in upper-half 20 day Bollinger bands 1.2090-1.2184

A weaker CNH should support EUR which is large TWI component nL1N2KS0JC