FXstreet.com (Barcelona) - The bloc currency is extending its upbeat mood on Friday -sparked earlier on in the week- well supported by euro zone economic data, the long waited Greek deal, yesterday’s approval of the PSI bill in the Greek parliament and today’s successful Italian Treasury-bonds auction.

Ahead in the day, January’s New Home Sales and the Reuters/Michigan CSI in February will be released later on in the US.

At the moment, EUR/USD is trading in the proximities of the 1.3400 mark at 1.3390, or advancing 0.13%
Resistance levels are lying at 1.3436 (50% of 1.4248-1.2624) ahead of 1.3460 (high Dec.8) then 1.3486 (high Dec.5) and 1.3550 (high Dec.2).
On the flip side, a breach of 1.3308 (MA100d) would expose 1.3267 (hourly sup Feb.23) then 1.3232 (low Feb.23) and 1.3186 (low Feb.21).