I think the possibility of this alternative view is <10%, but it's worth mentioning. If we can't break through resistance between 1.1275-1.1285, we may head to re-test 1.1200 area. Currently, I'm short with a stop/reversal @ 1.1286 and my first TP @ 1.125, 2nd @ 1.1225 and keep the rest of the short open in case of break below 1.12. This is not trading advice, just throwing some possibilites out there!