Short-term Elliottwave structure suggests dip to 107.73 ended wave X. Up from there, wave (W) is proposed complete at 109.9 with internals unfolding as a double three where wave ((w)) flat ended at 109.48, wave ((x)) ended at 108.74, and wave ((y)) of Y of (W) ended at 109.9. Wave (X) pullback is currently in progress to correct the rally from 4/11 low, ideally reaching 108.5 – 108.77 area before turning higher. As far as 4/11 low pivot at 107.6 stays intact during the pullback, expect buyers to appear from 108.5 – 108.77 area for at least a 3 waves bounce.