FXstreet.com (Barcelona) - The single currency continues to push higher on Tuesday, now retracing some pips after hitting fresh 3-day highs in the vicinity of 1.3475, against a context of increasing risk appetite.

Positive comments by ECB’s Mario Draghi regarding Spain have also collaborated in the upside.

At the moment, the pair is up 0.41% at 1.3460 facing the next resistance at 1.3494 (MA10d) ahead of 1.3577 (high Feb.7) and then 1.3598 (high Feb.5).
On the contrary, a breakdown of 1.3360 (low Feb.12) would aim for 1.3325 (low Feb.11) and finally the psychological level at 1.3300