The buyers in control now, the price may back again to retest the new support @ range 117.40~117.60 in such case buying after price action from the above levels is a good idea, target @ 118 / 118.25 / 118.50.
OR
The price go directly to the resistance level range (118.40~118.60), and face a lot of sellers, selling from this range will be risky but you can get 10~30 points profit, with a very tight stop loss, but in case of closing above the resistance a new rally is most properly.
OR
The price go directly to the resistance level range (118.40~118.60), and face a lot of sellers, selling from this range will be risky but you can get 10~30 points profit, with a very tight stop loss, but in case of closing above the resistance a new rally is most properly.