Price has been standing under the long term trendline for a bit now and formed a HS pattern. Might go down bit, if no momentum comes to the upside. After this correction to the 7600 region we might bounce back to try to break long term trendline.
Possible long trade on the 4H chart emerging. Looking how the market reacts on POC zone with fib. levels, support zone and trendline present. I think price might move UP towards the last high around 108 level. Nice round number for this pair.
Let me know what are your thoughts! :)