EUR/USD: The euro rose, halting a 3-day losing streak, as investors wait for direction on monetary policy from the European Central Bank this week after inflation expectations in the bloc hit an all-time-low last week. The European currency traded 0.1 percent up at 1.1214, having touched a low of 1.1202 on Friday, its lowest since June 6.
Immediate resistance is located at 1.1237 (23.6% retracement of 1.1347 and 1.1202), a break above targets 1.1275 (50% retracement). On the downside, support is seen at 1.1172 (May 24 Low), a break below could drag it below 1.1141 (May 21 Low).
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