EUR/USD posted a new low for the year on Friday as it extended this year's decline. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are diverging but are bearish signalling that sideways to lower prices are possible near-term. If it extends this year's decline, monthly support crossing is the next downside target. Closes above the reaction high crossing are needed to confirm that a short-term low has been posted.