Bearish outside divergence (purple arrows) has given way to sell off in price signalled but the massive drop on the 19th (01:00hrs on H4) . Now that price has reached the end of its retracement (at the time of writing), as it approaches the SMA I predict that price will find resistance which would cause a further decline till it reaches Support at 107.70 (white line) by today . Then depending how strong the sell off momentum is I would expect price to reach 107.06 (dotted blue line) by early next week. However I would like to see a convincing bearish candle way from the SMA, preferable on the H4 chart so I can entry trade. For now its a wait & see.