Bullish price action may see new swing lows @ 106.989 area in a few weeks? as the pair has consecutively made Lower highs and lows. 1) Break and retest of trend line 2)strong resistance levels @ 114.467 area + downside moving averages for further confluence for continuation of bullish trend conformation 3) Daily candle closed as an bullish engulfing previous days + broken and closed daily below resistance 114.467 area 4) If resistance holds @ 114.467 zone and price breaks 113.847 warrant shorts 5) Target 1 @ 112.354 6) Target 2 @ 110.939 7)Target 3 @ 109.231