The short-squeeze that erupted with such violence on Friday has gotten second wind following a choppy consolidation. As of 9:20 p.m. Sunday night the futures had reached 1.2945, but a Hidden Pivot target at 1.2980 suggests that at least a little more upside lies ahead over the near term. If that resistance too is impaled, we should infer that the futures are bound still higher, to at least 1.3060. _______ UPDATE: The futures are retreating sharply, down 250 ticks, after peaking overnight at 1.2989, a hair above our target.