After another unsuccessful attempt to follow through the critical barrier at 1.3300, the EUR/USD returned to the comfort zone around 1.3275/80 on Tuesday. A continuation of the cyclical improvement in the euro area came after positive data from the Italian GDP during the second quarter plus German Factory Orders above estimates, propping up the run towards 1.3300 the figure although the ascent faltered around the key hurdle. Next on tap will be the US Trade Balance figures for the month of June followed by a speech by Fed’s voting member Charles Evans. As of writing the pair is up 0.09% at 1.3271 with the initial barrier at 1.3311 (high Aug.1) followed by 1.3345 (high Jul.31) and finally 1.3417 (high Jun.19). On the other hand, a break below 1.3200 (psychological level) would target 1.3188 (low Aug.2) en route to 1.3166 (low Jul.25).