The common European currency fell on Friday below the 1.10 mark. However, on Monday morning the rate had slightly rebounded.
The Euro depreciated on Friday morning against the US Dollar, as the currency exchange rate was looking for support in the second weekly and monthly support levels at 1.1043 and 1.1026.
The common European currency found support against the US Dollar on early Thursday morning. Afterwards, the currency exchange rate attempted to break through the resistance put up by the weekly and monthly S2s.
The common European currency traded below 1.1050 on Wednesday morning against the US Dollar. During the past 24 hours the currency exchange rate has fallen almost 100 pips, as the pair fell below a support cluster near the 1.1125 level.
The Euro's Monday Rebound failed, and the rate moved lower and reached the below the 1.120 mark on Tuesday morning.
The Euro is in a rebound on Monday morning against the US Dollar, as the currency exchange rate found support in a channel down pattern's lower trend line on Friday.
The Euro experienced a disaster against the US Dollar on Thursday, and it did not end on Friday morning.
The Euro moved slightly lower on Thursday morning against the Greenback. However, those are not the main news, as the previous session revealed additional information.
The Euro is once more at the resistance cluster made up of the weekly and monthly pivot points from 1.1224 to 1.1230 against the Greenback.
The common European currency failed to surge against the US Dollar on Monday, and the rate began a fall which was prolonged into Tuesday.
The Euro is in its fourth consecutive session of gains against the US Dollar. However, the gains of the previous sessions have been small, and the currency pair opened Monday's trading session lower, than the previous close on Friday.
The common European currency continued to surge against the US Dollar, as the currency exchange rate moved in tandem with the channel up pattern's lower trend line for the third consecutive trading session.
The EUR/USD pair slightly moved northward on Thursday morning. However, the currency exchange rate is set up for a further surge.
EUR/USD continued the bullish motion it took up on Tuesday, eyeing the 1.1201/03 support area for tests.
Stalled by the 1.1253 supply level EUR/USD opened with a sell-off, giving up the track towards the broken channel trend-line at 1.1274.
EUR/USD hovered below the 1.1230 mark, managing to preserve its track through the consolidation to reach for the 1.2695 broken channel trend-line.
The common European currency remained above the support cluster located from 1.1190 to 1.1200 against the US Dollar on Friday morning, unopposed up to the level of 1.1240.
The pair is on its way to the lower trend-line of the three-week channel at 1.1253 at first, and the 1.1.1280 three-month channel up for tests after that.
The Euro did not trade long squeezed in between two levels of significance against the US Dollar, as the rate broke out to the downside, and it is falling on Wednesday morning.
The Euro is trading almost flat on Tuesday morning against the US Dollar, as it is squeezed in between two clusters of significant levels.
On Monday morning the Euro is recovering after suffering heavy losses of almost 100 pips against the Greenback.
On early Friday morning, the Euro depreciated against the US Dollar, as the pair is trading above the weekly PP, which is located at 1.1233.
The common European currency is set up for a surge against the US Dollar, as the currency exchange rate faces no resistance in a 75 pip range.
The common European currency found support on Wednesday morning against the US Dollar, as the currency exchange rate rebounded against a combination of the long term channels lower trend line and the 20 and 100-day simple moving averages around the level of 1.1210.