EURUSD: Opening ATL BreakEuro / United States DollarCMCMARKETS:EURUSDFinancialGamblRKey Observations D1 timeframe indicates structural downtrend Price is attempting to revert back below the horizontal trend line (HTL) Price rests below EMA band, which also indicates downtrend On the H1 timeframe, price crossed below the intraday ascending trend line (ATL) However, EMA20 has not crossed EMA60 so definitely need to remain cautious