(RTTNews) - After moving briefly sideways in late Asian deals, the European currency resumed downtrend against the US dollar in early European trading on Tuesday.
The euro is presently trading at a 5-day low of 1.3575 with 1.3480 seen as the next likely downside target level.
The single currency also reached a 4-day low of 0.8537 against the pound around 3:35 am ET.
The euro-pound pair is presently worth 0.8547 with 0.8530 seen as the next likely downside target level in the near-term.