Today important support at 111.00 was broken. This support stopped declines three times in the last two months, so it is unlikely that price will rebound again later this day. Current goal for declines is located at 109.80. However if rebound occurs during next day nearest resistances will be located at 111.00, 111.70.
Wider view, time-frame W1
At TF weekly we can see that since mid-2015 there are no new highs but lower highs and lower lows occur. Next important support (below indicated 109.80) is located only at 105.90.
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Time-frame H4
Time-frame D1
