Price fell down to the lower Cloud and the Weekly pivot point but has found support there and is currently trying to close above the cloud again. The correctly drawn Pitchfork was confirmed with the current candle spike, thus pointing to a trendshift. If we see a close above the cloud, the next target is the Weekly R1 at 1.1844. If price returns inside the cloud and the channel, we may see further sideways action or a possible Cloud twist with a bearish breakout and a test of the lower channel. Bullish pressure is seen by the bearish MACD while price is going up. A current H4 close above 1.1783 will give another cloud breakout signal.