Sellers attempted to strengthen their grip last week, with EUR/USD clearing space south of the 2016 yearly opening level at 1.0873 and erasing nearly 50 pips. Though concluding the week off session lows at 1.0727, multi-year lows at 1.0635 are still in view as viable support, with follow-through moves shining the spotlight on the 2017 yearly opening level at 1.0515. Daily perspective: Despite hesitation at the beginning of the week, Wednesday, by way of a bearish outside candle configuration, set the stage for further downside. Thursday eclipsed the 1.0768 April 6 low, with Friday, albeit wrapping up in positive ... (full story)