At the opening 1.61 has been tested as support and allowed a rebound of the parity for a new test of 1.6245. However, this level acted as resistance and 1.61 is again tested as support by the current candlestick. If the break out is validated, a sell signal will be given towards 1.60 and 1.5924. This will also allowed to delimtate a new upper band of our bearish channel which will link the last highest and the highest of december 3th. We will now advise to stay flat between 1.61 and 1.6245.