As renewed selling has pressured dollar lower and intra-day breach of 88.55 support, suggesting recent decline from 93.78 has resumed and further weakness to 88.20/30 is likely after minor consolidation, however, near term loss of momentum should prevent steep fall below 87.90/95 and risk from there has increased for a rebound later today or tomorrow.  
  
On the upside, above 88.80/90 would risk 89.20/30 but only firm breach of 89.50/55 would indicate a temporary low is in place.