LONDON, Dec 8 - The euro rose to a record high against the dollar for the seventh trading session in a row on Monday as disappointing U.S. jobs data on Friday fuelled renewed selling into the greenback's downtrend. The greenback also dipped to its lowest level against a basket of currencies in seven years, with the dollar index <=USD> dropping below 89.0. "Techincal momentum is still driving the dollar lower. There are options barriers at $1.22 which might contain price action for a while but the next target is $1.2350," said Aziz McMahon, currency strategist at ABN Amro in London. The euro climbed to $1.2185 , according to data. It was only 0.13 percent higher from Friday's New York finish but has gained more than 16 percent on the dollar since the start of this year. The dollar was also approaching a seven year low against the Swiss franc and earlier touched a three-year low against the yen at 107.51 yen .//