the pair has hit a strong support now turned resistance line found from the monthly time frame going down also a the trend line in the daily time frame ...... which is most likely to continue with the downtrend towards the 105 area. However with the news coming up next week we will have to wait and see how this goes.
If you have any additions or thoughts i would be happy to here from you in the comment section below :)
Chart PatternsTrend Analysis

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