Forex: EUR/USD accelerates the upside after US data (Barcelona) - The shared currency seems unstoppable as it’s rapidly left behind the 1.33 figure, posting fresh highs in the proximities of 1.3340 after the US trade deficit has widened to $48.7 billion during November, missing expectations at $41.3 billion and October’s $42.1 billion.

At the moment, the cross is up 0.55% at 1.3344 facing the next hurdle at 1.3368 (high Apr.3) ahead of 1.3385 (high Mar.27).
On the downside, a breach of 1.3248 (low Jan.11) would lead to 1.3200 (psychological level) and then 1.3172 (38.2% of 1.2998-1.3280).