Forex: EUR/USD keeps the positive tone above 1.3100

FXstreet.com (Barcelona) - The single currency is consolidating intraday gains above the key resistance at 1.3100 as we enter the last part of the NA session.

Moving forward to Tuesday, the euro docket will kick in with the German and Italian trade balance figures, ahead of a measure of the Consumer Confidence in the euro area along with Industrial/Services Sentiment and Retail Sales. The EMU unemployment rate and the relevant Factory Orders in Germany will close the calendar.

At the moment, the cross is up 0.026% at 1.3110, with the next resistance levels lining up at 1.3150 (MA21d) followed by 1.3170 (MA10d) and then 1.3190 (high Jan.3).
On the flip side, a breakdown of 1.2998 (low Jan.4) would aim to 1.2996 (low Dec.12) and 1.2988 (MA55d).