EUR/USD Short. EUR/USD falls to daily lows near 1.1920 and remains on the defensive against the dollar. Bear traders retain control of sentiment in the EUR/USD currency pair and force it to retreat to daily lows of 1.1920. EUR / USD is losing ground to the dollar for the second day in a row, paving the way for further testing of levels below 1.1900 recorded last week. The economic recovery in the eurozone is currently overshadowed by a better outlook for the US economy due to a lack of vaccination. The above thus plays more into the US currency cards.