EURUSD: Short Breakout

I predict a breakout around the $1.24 price at least. The EURO/USD seems to have positive correlations but also seems a bit bearish. The correlations will likely at least continue for a short while but as a conservative strategy, this seems like a nice trading pair to hold or bid against. The set positive correlation target that I have for next wave is definitely going to be around this set breakout price point. Even though exporters may seem to report a weaker EURO, this still has set out to be positive thus far.