What are the charts saying….
I have outlined the 106.23-43 as a topside area to get above. With the high from Tuesday that extended to 106.52 that might be extended a bit. Anyway, the 106.23-43 was an area going back in time where there were a number of swing highs and lows (see blue circles in the chart below). We currently trade in that range and have traded above and below it in trading today.