Price has bounced off the Weekly S1 and the previous resistance level around 1.05 and is currently consolidating sideways below the Monthly/Yearly R1 cluster 1.38-43 which is acting resistance. Trend is bearish though the ascending SMA200 clarifies it as being a retracement in a bullish trend. Bulls like to see a close above the Kijun line (white line) currently at 1.3872, which could add fuel. Since the congestion has been narrow over a few days the release of that built up energy may cause a sharp move. A close below the 1.05 and the SMA200 would be quite bearish and unnatural for a retracement but there are signs of strong buyers around the 1.05. A break inside the Cloud would be the first sign of a resumption of the uptrend.