Following a fresh 2013 low in EUR/USD at recent 1.2963 session lows, almost a double low with previous March 01 lows, the pair has enjoyed few bids that have kept the pair from falling further, breaking higher above Monday's lows at 1.2981, working as resistance, on the back of
S&P credit rating agency revising Portugal outlook to stable from negative. EUR/USD trades last at 1.2990, off session highs at 1.2996.