Also this from MarketNews:
Afternoon trading saw some slippage in the pair after a modest bounce off lows saw the euro stall around $1.3050. Overnight, euro-dollar had skidded lower after notching high prints near $1.3200, the convincing break below $1.3090 area of April 9 lows at $1.3090 leading some traders to expect extended losses ahead.
Indeed, CitiFX Technicals, a unit of banking giant Citigroup, Friday issued a euro-dollar sell recommendation, suggesting a euro-dollar short be set around $1.3045 with the pair expected to tack lower, to $1.2750/60 "and possibly more".
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