Looks like we have triggered the dreaded double-top pattern on the hourly charts. The measured move objective on the pullback is the 1.0925/30 area. That level roughly corresponds with the 38.2% retracement of the 1.0695/1.1083 rally.
Bids were rumored in the 1.0980/90 area earlier today. Selling a pop to the 1.1000 area might be a better entry point than chasing the trade lower.
