1. Eliot Wave - a-b correction has been completed. B-C is on its way. Projected price of C would be 131.02 (which is also the 50% Fib level.) If broken, a higher percentage would lead to 130.22 (61.8% Fib level)
2. Fundamental - Japan has set of red economic activity this week - Probability for this forecast to happen is perhaps high.
Trade at your own risk. Good Luck!