Pair’s failure to take out 1.11 on day end closing basis followed by a break below hourly 50-MA seen now at 1.1052 would open doors for a fall back to 1.10 levels. A violation there could yield 1.0971.
On the other hand, day end closing above 1.11 would signal a short-term bottom is in place at 1.0911 and could yield a follow through to 1.1202 (hourly 200-MA).