EURUSD looking to break important support

We've tried the top of the range now we're trying the bottom

As I type 1.1330/35 has broken and we're down to 1.1323. It's been a level on my radar while we traded the short term range.

EURUSD H1 chart

Much like we had the 1.1400 level as the initial top, supported after by 1.1450, we've got secondary support for 1.1330 at 1.1300. It will need a break there to potentially tip the euro further south. As we saw yesterday with 1.1450 though, any break will need to be fully confirmed by the price then holding that level on a re-test. If it does the break is more likely to be real. If not, it might sucker a few shorts.

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