In the after poor German data scenario, EURUSD is down funtamentally. The pair came down through the same gateway of year-long trend line, it it broke out on 20th March after the FOMC. Global economy sems like a copmetition these days of worst performances. The flattenning yield curve is also hitting hard. 1.1300 was a must hold support for the buyers which they failed to do so. For me, its a sell on pull back, since on H4 there is a gap between the candles and 10 & 20 EMAs.