Trend Analysis (Fig. 1).

On Friday, the market may continue moving upward from the level of 1.1632 (yesterday's daily candle close), targeting 1.1655 – the 50% retracement level (blue dashed line). When testing this level, a downward retracement movement may occur, targeting 1.1640 – the 38.2% retracement level (yellow dashed line).

Fig. 1 (daily chart).

Composite Analysis:

• Indicator analysis – upward
• Fibonacci levels – upward
• Volumes – upward
• Candlestick analysis – upward
• Trend analysis – upward
• Bollinger Bands – upward
• Weekly chart – upward

Overall conclusion: upward trend.

Alternative scenario: Today, from the level of 1.1632 (yesterday's daily candle close), the price may continue moving upward toward 1.1685 – the 14.6% retracement level (red dashed line). When testing this level, a downward retracement movement toward 1.1655 – the 50% retracement level (blue dashed line) is possible.