My previous analysis proved to be accurate as the price reached the target level.

Currently, the market is making its way towards the main resistance zone.

The formation of an ascending triangle pattern suggests a bullish sentiment.

Bulls have been consistently pushing the price higher, testing the resistance multiple times.

The price action shows a series of higher highs and higher lows, indicating a price squeeze before a potential breakout.

I anticipate the market to successfully break through the pattern and continue making new highs.

My target is set at the resistance level around 1.11400.

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