The pair is in red for the third straight day and extends weakness from 112.18 recovery top that so far retraced over 76.4% of 110.09/112.18 recovery leg.
Firm bearish tone has been established on all timeframes and favors renewed attack at recent lows which lay just above psychological 110.00 support and 109.91 (50% retracement of larger 101.17/118.65 rally) to signal fresh extension of bear-phase from 118.65 (15 Dec 2016 / 03 Jan 2017 double-top).
Bears seek for weekly close below 111.36 (weekly cloud top) for confirmation.
Initial resistance lies at 110.90 (session high / broken Fibo 61.8% of 110.09/112.18 upleg), followed by daily Tenkan-sen at 111.14, which should ideally limit recovery attempts.
Res: 110.90, 111.14, 111.36, 111.57
Sup: 110.32, 110.09, 109.91, 109.30