The resistance cluster failed top stop the rally at 137.60, as the European currency skyrocketed against the Yen yesterday.
In spite of all expectations, USD/JPY declined yesterday.
EUR/USD surged the most in more than two months on Tuesday, helped by the Euro zone returning to inflation.
For the first time in five days the precious metal registered a more pronounced daily move, while appreciating above the 1,190 mark.
The strong support cluster around 1.52 managed to not just turn the Greenback around, but even give a solid nudge.
Surprisingly, but the New Zealand Dollar gained 12 pips against the Greenback on Monday, rather than suffering losses.
The Greenback appreciated against its Canadian counterpart for another day yesterday.
The Australian Dollar behaved according to the forecast yesterday.
On Monday, even though the Euro fell under the 136 level, the support cluster around 135.30 pushed the single currency back.
The yellow metal traded in the turbulent environment in course of the trading session on Monday.
The US Dollar appreciated against the Yen for another day, but was unable to reach the resistance at 125.00.
Yesterday the Sterling suffered a rather heavy loss against the US Dollar.
Yesterday, EUR/USD slipped below the 55-day SMA/weekly PP and is currently fluctuating around the 1.0940 level.
The Kiwi suffered an 80-pip loss and even fell under the 2011 low last Friday.
The US Dollar managed to rebound on Friday, but the gains were not as large as anticipated.
The Australian Dollar declined against the Greenback for the fourth day in a row at the end of last week.
The Euro overperformed last Friday, as it pierced through the immediate resistance cluster.
The XAU/USD cross continued to trade mostly sideways in course of last trading session of the previous week.
Last Friday, USD/JPY behaved according to the forecast, as the pair appreciated for the fifth consecutive day.
The Cable extended the losses for the fifth day in a row at the end of last week.
The common currency managed to rebound for a third consecutive day on Friday, while supported by 55-day SMA, currently at 1.0951.
The NZD/USD currency pair almost fell in line with expectations.
Even though the USD/CAD did reach the second resistance level, and even tested the third one at 1.2540, the ultimate reaction was still to the downside.
The Aussie slumped for the third consecutive day this week, as was anticipated.