Trend Analysis (Fig. 1).

On Friday, the market may continue moving upward from the 1.1546 level (yesterday's daily close) with a target of 1.1574 – the 23.6% retracement level (yellow dashed line). Upon testing this level, a pullback downward is possible toward 1.1556 – the historical resistance level (blue dashed line).

Fig. 1 (Daily Chart).

Comprehensive Analysis:

• Indicator analysis – upward;
• Fibonacci levels – upward;
• Volume analysis – upward;
• Candlestick analysis – downward;
• Trend analysis – upward;
• Bollinger Bands – downward;
• Weekly chart – upward.

Overall conclusion: Upward trend.

Alternative scenario:Today, from the 1.1546 level (yesterday's daily close), the price may continue moving upward toward 1.1593 – the 61.8% retracement level (blue dashed line). Upon testing this level, a pullback downward is possible toward 1.1574 – the 23.6% retracement level (yellow dashed line).