The Israeli shekel traded lower against the U.S. dollar during European trading on Tuesday. At 5:10 am ET, the shekel dropped to a 5-day low of 3.7891 versus the greenback, from early morning session's high of 3.7725. As of now, the pair is worth 3.7854. On the downside, 3.7954 is seen ans the next target level for the Israeli unit.

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