EUR/USD's focus is on 1.0807 Fibo, a break below will accelerate losses

1.0807 Fibo, a 50% retrace of the 1.0517 to 1.1096 (March to April) EBS rise

Fourteen-day momentum is negative, reinforcing the overall bearish bias

Thickening daily cloud, that spans 1.0775-1.0826 region, could limit losses

We are looking to get short at 1.0930, under last Friday's 1.0935 high

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