[B]Bias: [/B] Overall I feel we should see early losses and should then watch key supports
I feel the downside is the larger risk although we have to be careful in the early stages today. There is resistance right where price is as I write - in the 1.6574-80 area. While this caps I feel we should see losses back below
1.6525 and to around 1.6466 at least. Take care here. If this breaks too then look for follow-through below 1.6430-40 and to 1.6386 minimum and probably the 1.6342-57 support. Take care again. Only breach would retest the 1.6251-70 lows.
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