Forex: EUR/USD around 1.2950 ahead of ZEW

FXstreet.com (Barcelona) - The bloc currency remains flat-lined in the vicinity of 1.2950 on Tuesday, as market participants eagerly wait for the parliamentary vote on Cyprus’s bailout. Market sentiment, however, seems a tad better than yesterday ahead of the ZEW Survey in Germany and the housing data in across the pond.

At the moment, the pair is down 0.05% at 1.2950 facing the next support at 1.2882 (low Mar.18) ahead of 1.2878 (low Dec.7) and finally 1.2872 (MA200d).
On the flip side, a breakout of 1.3094 (MA21d) would expose 1.3129 (MA100d) and then 1.3135 (high Mar.8).