EUR/USD falls to a session low of 1.0845
The dollar is pushing forward with gains once again as it creeps higher against the euro and franc to begin the European morning. EUR/USD is brought down to a session low of 1.0845 after having traded around 1.0920 a few hours ago.
The greenback is also maintaining solid gains against the aussie and kiwi, while USD/JPY is looking to keep above 109.00 to start the session.
For EUR/USD, the pair looks to be making its way back to test the 1.0800 level but the key support level to watch out for will be the February low @ 1.0778.
Once that gives way, it opens up yet another slippery slope for the greenback to build further momentum to the downside.
As things stand, it looks like the dollar funding pressure is continuing to run its course.
