Euro Advances Against Most Majors

The euro climbed against most major counterparts in pre-European trading on Monday.

The euro recovered to 1.0906 against the franc, 0.7898 against the pound and 1.0952 against the greenback, from its early lows of 1.0882 and 0.7870, and near a 4-week low of 1.0908, respectively.

The euro is likely to find resistance around 1.12 against the greenback, 1.11 against the franc and 0.80 against the pound.

The material has been provided by InstaForex Company – www.instaforex.com