Forex: EUR/USD testing intraday highs (Barcelona) - The single currency is pushing higher at the end of the trading session in Wall St., eyeing 1.3140 as risk appetite is fuelling the upside.

With the effects of the Italian elections dying off, the cross faces tomorrow’s docket with hopes of extending the current bull run. The euro calendar wil kick in with a gauge of the Consumer Spending in France followed by the final Spanish Q4 GDP figures ahead of German jobless rate, and EMU/Germany CPI.

EUR/USD is now advancing 0.545 at 1.3132 facing the next hurdle at 1.3200 (psychological level) ahead of 1.3319 (high Feb.25) and 1.3371 (MA21d).
On the flip side, a breakdown of 1.3042 (low Feb.27) would bring 1.3032 (daily cloud base) and finally 1.3019 (low Feb.26).