Instrument is trading in the range 105-114 for last 2 years Its on the the way to the upper boundary at the moment with first gap at 111 and descending TL with multiple touches. It has been making LHLL inside the channel and perhaps move lover 110 can be expected to cover gaps and even lover to cover a strong trend from few years back. in case if it brakes descending TL it has potential to widen the range to the upside 120