Forex: EUR/USD back above 1.3000

FXstreet.com (Barcelona) - The single currency has trespassed the key resistance at 1.3000 on Tuesday, level last seen during the first week of October, on a rumour cast by WSJ that Spain would ask for financial aid any time soon, opposed to official versions of the Spanish government, which claims the likeliness of the bailout, although timing would be different, at some point during November.

At the moment the cross is up 0.30% at 1.3003
Resistance levels are waiting at 1.3035 (high Oct.8) ahead of 1.3063 (Upper Bollinger) then 1.3072 (high Oct.5) and 1.3120 (high Sep.18)
On the flip side, a penetration of 1.2943 (MA21d) would open the door to 1.2892 (low Oct.15) en route to 1.2827 (low Oct.11) and 1.2826 (MA200d).

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