A close above the trend line hurdle seen around 110.45 would signal the a short-term low has been made at 108.13 and would open doors for a sustained rise to 111.60-112.00 levels.
On the contrary, rejection at trend line hurdle followed by a break below today's low of 109.59 would open doors for re-test of 108.13.
On the contrary, rejection at trend line hurdle followed by a break below today's low of 109.59 would open doors for re-test of 108.13.
