A close above 110.34 will be a huge victory for the bulls

A close above 110.34 will be a huge victory for the bulls

With at least 4 touches, 110.34 is fierce resistance, it will be a very bullish statement if we can close above 110.34. There hasn't been any selling pressure lately so expect repeated low volume attempts to breakout above 110.34 during the day, all will fail. If we breakout above 110.34 it will come at the end of the day.

Next upside target = 111.7, support = 109.8

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