The pair is respecting the weekly downward trendline as it failed to push above it forming a pin bar. It also make a new lower high, thus the double top formation is still valid. The key region at 110.75 is also a Fib 0.5 region. The pair would likely go downward to key support region at 109.5 which coincide with EMA 21 and also the neckline of the double top. More confirmation is needed on that region. A break & retest of 109.5 is needed to complete the double top formation. If 109.5 held, the pair would likely bounce back upwards to retest the upper resistance at 110.75.
Bias
Long-term: Short
Short-term: Short
Bias
Long-term: Short
Short-term: Short