Bigger picture, we expect strength to end in the 113.25-116.65 zone (Fibo levels from the 124.13-95.72 drop) and give way to a long term reversal. The rally from 103.76 should complete the final leg in the larger corrective advance from 95.72. Short term, there are 5 waves up from 107.29 so expect a corrective decline to bring price back to at least 109.
