Price has been very much consolidating near 104, but with the bearish
divergence building up, additional signals can be seen coming from the evolving head and shoulders
pattern. The downside target puts the potential decline (correction) to 101.50 (target is set to 101.60).
bias is invalidated if price rallies to the previous high near 104.635.
Note that the stochastics need to reverse from the overbought level to validate the bias. RR is about 1:3.