EUR/USD breaks below its 1.0470-1.0650 consolidation phase range

Phase completion implies EUR/USD's next down leg has begun nL2N2X41HW

Falling Daily, monthly RSIs are oversold but are confirming the new low

Influence from falling 10-DMA, s-t trend line break reinforce bear signals

Shorts gain confidence, likely target the 2017 yearly low & possibly parity

Those who missed opportunities to sell a rally need to become aggressive

Offers likely being lowered towards the April monthly low, 1.0530/50 area

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