Forex: EUR/USD decline stops at 1.2690 (Barcelona) - Euro sentiment continues to get hammered on Friday, as we’re transiting the NA session. After today’s lows at 1.2690, the single currency is picking up pace at the moment, trimming some losses and trading back around 1.2720 as the ‘fiscal cliff’ talks are going on.

Absent docket in the euro zone and marginal data in the US have removed potential market-movers for the shared currency, which remained apathetic after better-than-expected trade balance figures in the bloc composite and Italy.

Euro is losing 0.52% against the greenback, trading at 1.2715 as of writing.
Next support levels are located at 1.2662 (low Nov.13) followe by 1.2653 (daily cloud base) then 1.2627 (low Sep.7) and 1.2607 (50% of 1.2042-1.3173).
On the flip side, a break out of 1.2750 would aim to 1.2802 (high Nov.5) then1.2810 (MA200d) and finally 1.2876 (high Nov.7).