Forex: EUR/USD threatening 1.3000

Renewed selling interest in the shared currency is weighting on the cross, dragging it to the boundaries of the psychological mark of 1.3000 on Monday, after the French industrial production posted a monthly contraction of 1.2% in January, missing estimates at +0.1% and down from December’s -0.1%.

EUR/USD is now advancing 0.06% at 1.3003 with the next resistance at 1.3044 (MA10d0 followed by 1.3126 (MA100d) and then 1.3135 (high Mar.8).
On the downside, a breach of 1.2956 (low Mar.8) would open the door to 1.2929 (low Dec.11) and finally 1.2881 (low Dec.10).