Forex: EUR/USD continues its correction higher

The single currency is accelerating its bounce of session lows around 1.3480, now hovering over the area around 1.3545/50 after mixed data out of the euro zone. Positive services PMI prints have contrasted with weak retail sales results, however the correction continued its march firmly.

As of writing, the cross is advancing 0.21% at 1.3541 facing the next resistance at 1.3660 (high Feb.4) ahead of 1.3664 (Upper Bollinger).
On the downside, a breach of 1.3415 (low Jan.29) would aim for 1.3377 (MA21d).