The Euro moved higher against the greenback in overnight trading. The Euro reached 1.3969 in European trading session as compared to 1.3897 against the US dollar on Friday in New York Trading session.
The EUR/USD pair remained speculative and fell to 1.3910 in Asian trading session however the pair soon rebounded to rose at 1.3925. Currently the pair is 60 pips below at 1.3888 at US trading session.
Pair seems to be trading within the ranges of 1.37 to 1.40 as traders opt for profit taking at the level of 1.40. Today the pair saw the resistance at 1.4010 levels whereas support was seen around 1.3890 after Asian trading hours.
