EUR/USD, on Friday, dropped under the 200-DMA currently at 1.0807

And 1.0786 Fibo, a 76.4% retrace of the 1.0635-1.1276 (May-July) EBS rise

However, it failed to register a daily close below either of these levels

A close below both levels needed to increase the underlying downside risk

14-day momentum remains negative, reinforcing the bearish market structure

EUR/USD Trader TGM2334. Previous update nL1N3A60EE