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EURUSD breakdown - 1.17 level breached, new 2021 US$ high
EURUSD
, 1D
Short
EURUSD: EURUSD breakdown - 1.17 level breached, new 2021 US$ high

Earlier this morning in Asian timezone EURUSD broke 1.17 and set new USD high for the year. 1.17 has been an important support level for EUR (resistance for USD) and an extended move is in play should the breakout be confirmed. I use 30 day ATR as a breakdown filter and generally trade on no shorter than daily timeframes so this note may not be for you but if...

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