Forex: EUR/USD printing fresh highs in the 1.3135 region (Barcelona) - The single currency is managing well to keep the momentum above the 1.3100 mark on Wednesday, after German bond auction just posted a record low yield of 1.77% for the 10-yr Bund, although the demand was not sufficient, receiving bids for €4.11 billion vs. €5.0 billion targeted.
In the same direction, Italy sold €11.0 billion of 3m and 12m T-bonds, however the yields soared to 1.249% (0.492% prev.) and 2.84% (1.405% prev.0 respectively. Bid-to-cover ratio was also worse than the previous tender.

At the moment, EUR/USD is up 0.42% at 1.3133, facing the next resistance at 1.3136 (MA100d) ahead of 1.3165 (high Apr.5) then 1.3179 (MA10d) and 1.3200 (MA21d).
On the flip side, a breach of 1.3033 (low Apr.9) would expose 1.3004 (low Mar.15) then 1.2998 (Lower Bollinger) and 1.2974 (low Feb.16).