The US dollar remains subdued as the Fed offers no signs of tapering.
After falling below the key level at 0.9220, the bearish MA cross on the daily time frame may keep buyers at bay. Their failure to lift offers around 0.9180 despite a week-long consolidation strongly suggests that sellers are in control.
Any rebound was seen as an opportunity to join the downward movement. A close below 0.9115 could render the greenback vulnerable.
0.9040 would be the next target should there be a new round of sell-off.
