The 100% Fibo extension of 1.2527, 1.3390, and 1.2780 has played out and hit our first target. Price stalled in this area in the two sessions prior to today but today's move of ~.5% up gives reason to believe this rally could continue higher to the next target of 1.38. Oil
prices would need to remain weak and an end to the US Government shutdown could be a catalyst for a move higher. Beyond 1.38 are other targets up to the January 2016 all time high of 1.46.