This pair has seen an impressive bull run from 107.65 to its current levels.It has however indicated signs of a potential reversal with its formation of rising wedge consolidation pattern.A successful break below this level will take us to the 23.6 % Fibonacci retracement of the price swing at 108.6,with a break below this level taking us to 108.294, the 50% Fib. retracement of the aforementioned price swing. Stops should be placed just above the recent high at 108.89.