It needs to break below 1.1160 - 1.1150. If it makes a new high, above 1.1200 - 1.1210 region, then this becomes invalid.
and are well directed for a short as well (if it finally breaks lower). I'm looking at 1.0980 as target for this short. There isn't a whole lot in the way of that target so it should be feasible.
big candle on 4H chart that engulfed the previous two candles is a good sign but it needs be followed up. If we get more bulls later this week we might still see new highs.