Shorts are in control till we break above 1.11, on

Shorts are in control till we break above 1.11, once we break that level and close above it I feel we are off to the races again, we tested today only to retreat back down. Keeping my marker on 1.11, we shall see how it plays out this week, will range be .79 to 1.11 ? or will we break above it in short order to gain control ? Of course any major news should over run 1.11, we shall see.