Forex: EUR/USD spiked to 1.3100 after data

The bloc currency is testing session highs in the proximities of the key resistance at 1.3100 on Friday, after the Spanish manufacturing PMI surprised investors advancing to 46.8 during February vs. 46.1 in the previous month.

Next on tap would be Italian, French, German and EMU PMI, ahead of inflation figures and the jobless rate in the euro area.

EUR/USD is up 0.26% at 1.3093 as of writing, facing the next hurdle at 1.3100 (psychological level) followed by 1.3163 (high Feb.28) and then psychological level at 1.3200
On the flip side, a breakdown of 1.3053 (low Feb.28) would aim for 1.3041 (low Feb.27) and finally 1.3018 (low Feb.26).