The technical architecture of EUR/USD has undergone a significant transformation, catalyzed by the Federal Reserve's policy decision, resulting in a comprehensive deterioration of key technical parameters. The price action manifests a clear violation of multiple support thresholds, accompanied by increasing momentum indicators that suggest sustained bearish pressure without immediate exhaustion signals.

An examination of the intraday market microstructure reveals a systematic breakdown pattern, characterized by accelerating downside momentum and deteriorating support levels. The violation of the 1.0400 threshold represents a critical technical event, particularly given its confluence with previously established support zones and its psychological significance. The momentum structure, as measured by the RSI, maintains bearish characteristics while avoiding oversold conditions, suggesting potential for continued downside pressure.

The broader technical landscape now presents a compelling case for continued weakness, supported by the currency pair's position relative to key moving averages and momentum indicators. The absence of substantial technical support until the November low points to potential further deterioration, with the 1.0200 zone representing the next significant technical objective. The magnitude of the technical damage suggests that any corrective rallies may encounter significant resistance, particularly at levels that previously served as support, notably the 1.0400-1.0450 zone.