Hi. I've been building a position on this pair for a month now... If you are not on, the pair may provide a good level for entry at 1.0970 which is the 618 tretracement level on the 2 hour. Otherwise, we should be buying obvious dips within this monthly channel. My first target for the breakeven position will be 115. That area should take us to 122, and then to 130 if we can manage that much of a straightline. I think that above 122 we will run into a wall with dollar buying... but Im trying it.