The euro traded lower against the other major currencies in Europe on Friday.

The euro pared gains to 1.1080 against the greenback and 1.0946 versus the franc, from its early highs of 1.1210 and 1.1017, respectively.

Pulling away from an early 3-week high of 126.96 against the yen and a 10-day high of 0.7848 against the pound, the euro eased back to 126.10 and 0.7748, respectively.

The next possible support for the euro is seen around 1.10 against the greenback, 1.08 against the franc, 125.00 against the yen and 0.76 against the pound.

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