1.08 ? Maybe.
Nothing is impossible thou, but 1.18 ?? W-H-Y ? H-O-W ? W-H-E-N ?
I think at that point in time crude might cost you between 20$ - 60$ / barrel ?
Do you think US is so generous ? Ah ! never mind about that qstns. Just trade to earn a decent income .
edit : Lots of big guns + retail traders will be happy sellers at 1.18 . $5 love you long time...