I made this simple and easy to understand. If we can close above the top blue line then I can see the price moving to the 1.10 area seeing as how that is the next major resistance level. If we continue this upward trend, that's where we will be heading.
If we happen to break this upwards trend, I see us trading sideways for the next couple days. Daily RSI is closer to being oversold than not, we may have to wait!!
RALLY RALLY GO!!!