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Forex pairs in this Article » EUR/USD (Barcelona) - The shared currency is printing fresh session highs above 1.3120 on Wednesday after Spanish Servicies PMI rose to 42.4 during November, beating both expectations and prior print at 41.0 and 41.2 respectively. In the same tone, the calendar-adjusted industrial production in the Mediterranean country has contracted 3.3% on a yearly basis, up from -7.5%.

Next on tap will be the Services PMI in Italy, France, Germany and the EMU composite, ahead of the bond auctions in Spain.

The pair is now advancing 0.17% at 1.3118 with the next resistance at 1.3129 (high Oct.18) ahead of 1.3140 (high Oct.17) and 1.3173 (high Sep.17).
On the flip side, a breach of 1.3068 (prior hourly highs) would expose 1.3047 (hourly low Dec.4) and finally 1.2973 (low Dec.3).
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