Bonds are making higher low ... however needs to show definite strength by breaking the Fri high. The 100% MM target (pink) is close to the previous high (plus/minus).
I believe 1.3 is a stronger S/R level at first.
Because Euro is about 1,30 from Jan 27 to Apr 30 in 2012.
And 38,2% between Feb 15 and Aug 01 in this Year is about 1,2942.