H4: we can see there is Higher high on the charts and higher low on the . so price will go down to or . before going up again. why going up again? because we have pattern on 110.1 area ( ) will complete at that area.. so i will wait for sell opportunity on long term.
so in my opinion price will go up max to 110 before going down. there is a nice historical resistance at that area too on the weekly chart so price could go up first before going down :)