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  • EUR/USD remains depressed and it has recently broken below last week’s low at 1.1051.
  • Immediately to the downside now emerges the YTD low at 1.1026 (August 1) ahead of the 1.0840 region, May 2017 lows.
  • Looking at the broader picture, as long as the immediate support line – today at 1.1157 – caps the upside, extra losses should stay well on the table in the near term.

EUR/USD daily chart