Higher timeframes Bullish players completed the correction and updated the high, continuing the upward movement.
In doing so, they entered and closed the previous day above the daily cloud. If there is consolidation in the bullish zone relative to the daily cloud, and the upward movement continues, the daily target for a cloud breakout can be added to the bullish targets.
In the meantime, the immediate target is to update the high (1.1096) and the recovery of the weekly upward trend.
The upper boundary of the daily cloud (1.0970), the monthly medium-term trend (1.0901), and the area of 1.0862-69, which combines daily and weekly levels, serve as support in the current conditions.
