We have retreated from the recent highs of 108. We are now trading off major support 105-104 area. I am looking at the re retrace of this market back to the high. I have already entered on this pattern @ 1.0544 and 10550. Should we revere and the bullish pattern develop, i will allow the trade to run. Close stops on this on, nothing bellow 105.32. We want too trade the upside only. The fibs showing targets higher, on a longer time frame.