The euro came off from its previous highs against the other major currencies in European trading on Monday.
The euro eased to 1.0928 against the franc and 1.1363 against the greenback, reversing from its early 4-day high of 1.0943 and more than a 3-week high of 1.1396, respectively.
The euro pared gains against the pound and the yen, trading at 0.7402 and 136.51, off its prior highs of 0.7424 and 136.92, respectively.
The next possible support for the euro may be located around 1.12 against the greenback, 1.085 against the franc, 135.00 against the yen and 0.73 against the pound.
The material has been provided by InstaForex Company – www.instaforex.com