Now that news is starting to spread around the market that the ‘big stops’ are above 114.50/115.00, dealers will be very wary of getting caught short if the market starts to rally. I would think that. as we are only 200 pips away from the said level, the market will tend towards there over the next few sessions, just to see what happens. Any dips towards 111.50 should now be well supported and the short term uptrend will only be endangered on another break below 110.00.