Forex: EUR/USD keeps the red around 1.2930/35

FXstreet.com (Barcelona) - The euro continues to trade in red figures on Tuesday, as we head for the last part of the NA session. Sentiment surrounding the single currency remains depressed, while the positive effects of the Greek deal have long gone, leaving the euro without further impetus to escalate to higher levels.

A light docket awaits euro traders on Wednesday, as the M3 Money Supply and inflation figures in Germany are only due.

The cross is now retreating 0.29% at 1.2933
A break below 1.2917 (MA55d) would accelerate the downside to 1.2827 (low Nov.22) and then 1.2825 (MA10d).
On the upside, resistance levels are located at 1.3021 (high Oct.31) followed by 1.3023 (high Oct.25) and then 1.3025 (Upper Bollinger).

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