The pair probes again above daily cloud (spanned between 114.29/114.99), on fresh strength from Monday’s low at 114.47, where cloud base contained pullback.
Daily cloud is thickening after last week’s twist and continues to underpin.
Fresh bulls require close above 114.99/115.08 (cloud top / 50% of 118.59/111.57 downleg) for confirmation.
Regain of last Friday’s spike high at 115.49 would open way towards next target at 115.91 (Fibo 61.8% of 118.59/111.57).
First support lies at 114.74 (session low), followed by rising Tenkan-sen (currently at 114.51) and cloud base at 144.29, reinforced by 10/55SMA bull-cross.
Res: 115.18, 115.49, 115.91, 116.33
Sup: 114.74, 114.51, 114.29, 114.00
