As seen on the chart, there is no doubt we are in a clear uptrend. Furthermore, after the gap fill, we have retraced and beautifully bounced off the 0.79 fibonacci retracement. After a rejection of 1.3500 last week, I personally do not think this will drop further. I am targeting the equal highs formed around 1.4200 and beyond. For further confluence, the DXY is bullish (Check out the analysis on my page for further info).