• The 10 and 30-dmas are aligned negatively, reinforcing the bearish bias
  
  
• Market hits new multi-year lows
  
  
• Focus is on the 0.7256 level - 61.8% of the 0.5681-0.9805 2000 to 2008 up-leg
  
  
• Traders stay short at 0.7409 for 0.7260 target in coming sessions