EURUSD: Uptrend in a Downtrend

FX:EURUSD   Euro / U.S. Dollar
67 0 1
I would like to share my idea with you.
My papers tell me that the price is correcting up trying to hit the resistance 1,1470 before going down again.
Traders are waiting today at 19 hs ( GMT             ) for news in order to see the price move again. Meanwhile we see a consolidation.
Support 1,1050 would be the open gate to new lows.
I would appreciate very much any comments. Thank You.
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