SHORT down to 1.13 - EURUSD

1. NEWS - DOLLAR appears to continue becoming stronger against the EURO.
2. DAILY and WEEKLY we have a big bearish engulfing candle
3. Head and shoulders appears to have been rendered invalid..??? as 1.56 was broken
4. Fib retracement to 38.20% zone and we seem to be in the (C) Wave.

Any thoughts, confirmations much appreciated!