110.6 Resistance holds, outlook maintains Bearish trend. Holds @ 109.85 & below, may expect further decline to 108.8 Break of 108.8 may signal decline to 107.75 in longer term. Short term Bearish target more likely @ 108.10
Bullish trend to watch:
At bottom of Bearish range, expect pull back to Bullish trend, possible to 110.00 Break of 110.92 may signal Bullish to 112.60 in longer term.