Yesterday's selloff in line with the greenback's broad-based weakness and also cross unwinding in yen indicates the erratic decline from 108.59 to retrace recent upmove would extend to 106.20/30 and possibly 106.00, however, reckon 105.70 (previous resistance on the daily chart) would limit downside due to oversold condition and yield a recovery later.  
Only above 107.67 (previous support) would abort this bearish scenario and risk a rebound towards 108.00.