Instaforex
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As im said that the key point of this pair is 108.57/60(support) and now turn to resistance.Daily chart price below support and below Upper TL(yellow)and if we can see there, price already break daily TL(Red TL).As long that 108.57/60 hold as a resistance and price still below that Daily TL(red) . Im really sure that we can see this price go for retracement (103.76-110.65) to 107.21(50% fibo) and 106.39(61.8%)-green TL. If this green TL breach we can see this price will test as low 104.98 or maybe 103.76(low support)-Pink TL.

wc.
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Willcare Forex

FOREX ANALYSIS, FORECAST & SIGNAL