Looking at the weekly chart you will recognise a trend of institutional buy orders, from the second week of december 2018, the last week of december 2018, last week of May and the third week of last month you will notice the trend of pulling sellers ins and quickly the price is pushed up. Looking at the daily chart you will notice the possibility of this pair...
We see a descending channel has formed up on the hourly and i know you may be tempted to buy now seeing how the dollar has remained relentlessly strong but great trades is all about entries, wait for the exhaustion to 108.542-108.65 and go long from there. We will most likely have another go at 110.