2015.05.2702:51:00UTC+00Euro Rises Against Most Majors

The euro strengthened against most major currencies ahead of European session on Wednesday.

The euro rose to 0.7078 against the pound and 134.29 against the yen, from early lows of 0.7062 and 133.76, respectively.

Against the U.S., the Australia and the Canadian dollars, the euro edged up to 1.0926, 1.4072 and 1.3552 from early lows of 1.0864, 1.4028 and 1.3510, respectively.

If the euro extends its uptrend, it is likely to find resistance around 0.73 against the pound, 137.50 against the yen, 1.12 against the greenback, 1.43 against the aussie and 1.40 against the loonie.