EUR/USD last week traded at the lowest levels seen since Dec 2002

14-week momentum is negative, highlighting the underlying bearish market

As does the negative alignment of the daily tenkan and kijun lines

Sustained trading under the recently broken parity level needed

That would accelerate the drop through Dec 2 2002 0.9860 (EBS) low

We are short at 1.0080 for more sustained bearish moves in coming sessions

EUR/USD Trader TGM2334. Previous EUR/USD update nL1N2YV1GO