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Forex: EUR/USD treading water around 1.3090/1.3100

FXstreet.com (Barcelona) - The shared currency is holding steady around 1.3090/1.3100, as markets are approaching to the last part of the trading session on Tuesday. The sentiment surrounding the euro thus remains intact ahead of tomorrow’s FOMC minutes, which could threaten the current rally via supporting the greenback.

Wednesday’s docket will kick in with the Chinese Trade Balance figures ahead of French, Spanish and Italian industrial production. Across the pond, the FOMC minutes will be in the centre of attention.

At the moment, the cross is up 0.63 % at 1.3093 with the next resistance at 1.3107 (high Mar.15) ahead of 1.3115 (38.2% of Feb-Apr slide).
On the flip side, support levels line up at 1.2963 (low Apr.8) ahead of 1.2949 (high Apr.4).

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