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EUR/USD toys with fresh session lows

Earlier today the EUR/USD traded below 1.07, but then rebounded to just above 1.0725. Well, since then it has been edging back down once more and a moment ago the Euro came close to setting a fresh session low underneath 1.0687. It has not done that yet, but the lack of traction for the Euro is pretty visible right now and it comes against a USD/JPY that is now pressing above 156.60 and that is adding downside pressure on the EUR/USD, as the EUR/JPY does not make any progress at the same time as the USD/JPY. The EUR/USD is currently trading at 1.0694, remembering where it closed on Friday at 1.0693 
 

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