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Forex pairs in this Article » EUR/USD (Barcelona) - The bloc currency has started the trading week extending last week's strong risk-on mode, climbing to fresh highs above the 1.3400 figure overnight, and retracing some pips after the Asian close.

Next on tap in the euro zone will be the Wholesale Prices in Germany, expected to inching higher during December.

As of writing, the cross is up 0.23% at 1.3385 facing the next hurdle at 1.3487 (2012 high Feb.24) and then 1.3491 (50% of 2011-2012 decline).
On the upside, a break below 1.3248 (low Jan.11) would bring 1.3200 (psychological level) and finally 1.3148 (MA30d).
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