there is a patter which was formed on the top of the trend
the price is testing the with the possibility of a reversal
lines are widening - this is the preliminary signal to sell
Summary: it is possible to sell after getting confirmation signals - the price has to break the down (109,500).
On Thursday 24-th Manufacturing and Service PMI in Japan are being published. Manufacturing PMI is below the crucial level 50 and now is on 48,9 while Services PMI is still above 50.