Reversing direction, the U.S. dollar climbed against European major counterparts in early European deals on Monday.

The greenback, which ended Friday’s trading at 0.9953 against the franc and 1.0875 against the euro, advanced to 1.0006 and 1.0840, respectively.

The greenback hit a 4-day high of 1.5070 versus the pound, off its prior low of 1.5115.

The next possible resistance for the greenback is seen around 1.01 against the franc, 1.07 against the euro and 1.49 against the pound.

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