The euro strengthened against the other major currencies in the pre-European session on Friday.

The euro rose to an 8-day high of 1.0880 against the Swiss franc and a 3-day high of 1.4759 against the Australian dollar, from early lows of 1.0852 and 1.4658, respectively.

Against the U.S. dollar and the pound, the euro advanced to 2-day highs of 1.0638 and 0.7049 from early lows of 1.0601 and 0.7019, respectively.

The euro edged up to 130.15 against the yen, from an early low of 129.98.

Against the New Zealand and the Canadian dollars, the euro climbed to 2-day highs of 1.6229 and 1.4159 from early lows of 1.6116 and 1.4093, respectively.

If the euro extends its uptrend, it is likely to find resistance around 1.09 against the Swiss franc, 1.50 against the aussie, 1.08 against the greenback, 0.72 against the pound, 133.00 against the yen, 1.65 against the kiwi and 1.44 against the loonie.

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