I believe price will either test 108.700 area before continuing bearish as not only momentum decreased approaching weekly resistance but also the retracements became larger suggesting reversal or price will break support. In addition to this, it could be a potential Right shoulder forming on the 108.7 zone which would also suggest bearish moves taking place.
Comment:
(For my journal) Price overall pushed down
Trade closed: target reached:
oooh big boy ££££'s come on