It looks that USD go up via the channel (image1).
No matter how you will draw upper trend boundary, the channel is broken now.
The image2 is same, but for more time. It shows what I think there is support at about 1.25, and resistance at 1.27. the resistance at 1.27 was also support one month ago.
Interesting are fibonachi levels (not on attached file) between top on 06/05/06 and bottom yesterday. We are on exactly 38%, and from recent top on 07/07/06, we are at 50%.
Im buying some EUR now...
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