My scenarios would be the following:
1. The price will stop before 1.1300 and draw a (look at the 60 min chart). This scenario would also be sustained by the with the emerging from the latest price action.
2. The second scenario is that the formed on the would actually send the price towards 1.1650, but for this I believe that Euro needs some reinforcements.
My favorite is the first one, what do you think will happen?