Forex: EUR/USD positive reaction after French data

FXstreet.com (Barcelona) - The single currency has quickly returned to the boundaries of the big figure at 1.3000 on Monday, after the French Consumer Confidence stayed put at 84 in November, although above the expected 83
Continuing with results, German import prices rose 0.6% on a monthly basis during October, and climbed 1.5% over the last twelve months.

Next on tap will be the Spanish auction of 6m Letras followed by Italian wage inflation.

EURUSD is up 0.18% at 1.2995 with the next resistance at 1.3000 (trend line) followed by 1.3012 (Upper Bollinger) and 1.3021 (high Oct.31).
On the opposite direction, a decline beyond 1.2907 (MA50d) would open the door to 1.2869 (low Nov.23) and finally 1.2837 (weekly cloud base).