Retreating from early highs, the euro edged down against most major currencies in early European deals on Monday.

The euro declined to 4-day lows of 1.2730 against the greenback and 1.2061 against the franc, reversing from an early high of 1.2768 and a 5-day high of 1.2078,respectively.

The euro pared gains to 136.45 against the yen from its previous session's 10-day high of 137.00.

If the euro continues slide, it may seek support around 1.26 against the greenback, 1.20 against the franc and 135.7 against the yen.

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