Looks like the pullback after the Brexit after a monster sell-off is fading out, 6E analysis tells us from VSA
prospective that buying is going on diminishing volume
with small culminations at the tops. 1.11 is the level to sell towards 1.07-1.06. It will be reinforced by extra liquidity from ECB and Draghi "euro death spell" and fears of further EUxits. Expect then a strong rebound on suitable news events, like "NO HIKE" admission from Yellen.