; EUR/USD pokes key support around 1.1850 as bears welcome H2 2021, US ISM PMI eyedNEWS | 7/1/2021 3:54:31 AM GMT | By Anil Panchal EUR/USD remains depressed around three-month low, amid four-day downtrend. Upbeat Treasury yields, covid headlines back US dollar. German Retail Sales, ECB’s Lagarde can offer additional directives. EUR/USD stays heavy for the fourth consecutive day around 1.1850, down 0.07% intraday, heading into Thursday’s European session. The currency major pair dropped to the lowest since early April the previous day but a four-month-old horizontal support test bears afterward. The US dollar index (DXY) seesaws around the highest levels in three months, flashed on Wednesday, as market players seek safety amid escalating coronavirus (COVID-19) concerns in Asia-Pacific. That said, Australia witnesses local lockdowns with a higher covid count while Indonesia is up for a national emergency during July 02-20. Further, the UK also prints the highest infections in 2021.