The euro traded higher against most major rivals in European deals on Monday.
The euro reversed from an early 6-day low of 1.2166 against the greenback and a 1-week low of 0.7816 versus the pound and rose to 1.2220 and 0.7844, respectively.
The euro resumed its early strength against the yen, climbing to a 5-day high of 147.03, off early low of 146.49.
If the euro extends rise, it may find resistance around 1.23 against the greenback, 0.80 against the pound and 150.00 against the yen.
The material has been provided by InstaForex Company – www.instaforex.com