Forex: EUR/USD eyeing 1.3100 as risk sharpens

FXstreet.com (Barcelona) - The bloc currency is challenging the 1.3100 figure on Tuesday, as risk appetite is intensifying among traders against a backdrop of discussions about the ECB supervisory role and the timing of its implementation. In addition, EU officials have agreed in another meeting to discuss the banking union on December 12

EURUSD is now gaining 0.31% at 1.3094 and a surpass of 1.3129 (high Oct.18) would allow 1.3140 (high Oct.17) and then 1.3173 (high Sep.17).
On the downside, a breach of 1.3047 (hourly low Dec.4) would aim to 1.2973 (low Dec.3) and then 1.2969 (low Nov.30).