The European currency rose against the yen and the dollar in early trading week, along with an increase in Asian shares, which increased the demand for higher-yielding assets, such as the Euro and Pound.The European currency rose against the U.S. dollar during the Asian session, trading between a minimum of 1.3710 and a maximum of 1.3760. Couple faces resistance 1.3790, while the daily Momentum points to trade in the overbought area.
The British pound also rose against the dollar during the Asian session, trading between a minimum of 1.6070 and maximum 1.6109. Couple faces support 1.6070, while the full-time and four-Momentum indicate the trade in oversold territory.
The dollar rose slightly against the yen during the Asian session, trading between the maximum and minimum 81.75 811.61. Couple facing support 81.50, while full-time and four-point Momentum on trade in oversold territory.
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