Definitely the short term picture looks bullish, even with the weak attempt to break the channel line. Anyway, this week is going to be interesting because we've got an impulse five up, which I labeled as "A" without any important resistance overcame. A short "a,b,c" correction is expected, which perhaps will try to test the previous 07/01 low. I think the price will calm down around 1035 before the next attempt to break the upper channel line.