The US dollar continued to trade lower until the weekend remained to give room for other major currencies to rise.
However, market risk-on sentiment is seen to be changing with new developments in the issue of vaccines that are less pleasant for investors.
Vaccine development company Pfizer said the reduction in vaccine distribution targets due to supply barriers made the market vigilant.
Although the total distribution will be reduced to 50 million, the company still expects more than 1 billion distribution doses by 2021.
In the wake of the US economic stimulus, confidence in the implementation of the package began to fade after Senate Majority Leader Mitch McConnell rejected the $ 908 billion package proposal agreed by both parties.
Concerns that may increase will see the US dollar traded strong again.
On the EUR / USD currency pair chart, the price still continues to rise to the latest high yesterday reaching a high of around 1.21800.
But the price moved slowly below the 1.21500 level again on continued trading in the Asian session on Friday.
If the price is still moving in a bullish trend, the price hike will probably continue to reach the latest highs again before closing this week's trading.
However, if investors show panic in anticipation of changing market sentiment, prices will plummet again.
The important levels that are seen to be focused on the price decline are at 1.20900 and also the RBS zone (resistance become support) at 1.20000.
Towards the New York session, investors will be on the lookout for US NFP job data reports that will rock the market.
