The decline from 125.5 to 100 mark in years 2015-2016 has been followed by the corrective triangle which was developing for the last 3 years. After the final triangle E point (at 112) was reached the swift 2-weeks movement followed which brought the pair to the triangle bottom line at 104.70. The movement was of such a strength that the price fell much below that level and the support has been found at 101 mark. Now the support turned resistance line (at 104.70) is being tested from beneath and as far as this resistance holds sell position can be taken with targets far below 100.