Looking at EURUSD monthly chart indicates that Price for the 1st time in 10 years has CLOSED lower than the 200sma. This implies a very negative sentiment setup.
Looking ahead. All indicators show strength with negative sentiment. I'd use the 200sma level as a resistance level. As long as Price remains below this level continue to look lower. 1st realist level would be the 1.16503 ish followed by 1.11923.