The range this month so far has been only eight handles. Once we break out of this tight range we should see a big move.
If it breaks to the downside a gapfill at 1319ish is likely.
Should we move higher the next target is the yearly high at 1344. I don't think it will hold though so a move to around 1360ish to complete wave 1 could very well happen.
So, let's see which way it breaks.