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Forex: EUR/USD in fresh highs around 1.3240/45

The shared currency is hovering over the area of 1.3240/45 on Monday, where a combination of risk appetite plus buying interest is pushing the cross to session highs.

In the data front, the Italian flash trade balance non-EU figures for the month of January yielded a deficit of €2.28 billion, down from December’s surplus of €3.31 billion.

At the moment, EUR/USD is advancing 0.16% at 1.3239 facing the next hurdle at 1.3246 (high Feb.22) ahead of 1.3293 (MA55d) and then 1.3320 (MA10d).
On the downside, a breach of 1.3146 (low Feb.22) would open the door to 1.3123 (MA100d) and finally 1.3039 (low Jan.10).

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