Direction Depends on Respect or Reject of Countertrendline

This was a slow moving pair for the last couple of weeks. It got a mini jolt late last week, so let's see will it continue further down, or just find the strength to keep on climbing.

Looking for multiple tests on the counter trendline to see if the price will breakout for the return to the weekly, or respect it and keep tumbling down to the daily level and bottom of the wedge below.

BULL TPS:

• 111.834
  
• 112.125
  If price breaks out of top overall trendline...
  
• 112.564
  
• 112.938
  

BEAR TPS:

• 111.055
  If breaks out of bottom overall trendline
  
• 110.703
  
• 110.273