The force of bears was quite strong around 1.0945 and the bulls haven't stood a chance to close a bullish candlestick (H1) above that level. As long as that inverted H&S is still in place the price is in nobody's camp. The bias in clearly on the downside. but a solid breakout to the upside from that downtrend channel will trigger a new wave of taking profits among the bears. The force of bears was quite strong around 1.0945 and the bulls haven't stood a chance to close a bullish candlestick (H1) above that level. As long as that inverted H&S is still in place the price is in nobody's camp. The bias in clearly on the downside. but a solid breakout to the upside from that downtrend channel will trigger a new wave of taking profits among the bears. 