Two strong uptrends are at work right now, both of them visible on the hourly chart (see inset). The larger projects to 119^04, the smaller to 119^14, and their respective midpoints lie at 117^21 and 116^26.  The lower midpoint has already given way, implying that we should use the other, 117^21, as a minimum upside target for the near term.  A close above it would hint of more strength to at least 119^04.