The latest developments align closely with my previous analysis. The market is currently making strides towards the resistance area situated at 1950. After a robust bullish surge, the price has settled into a range pattern. I anticipate a price retracement, followed by a resumption of the upward trajectory from the support level and the midpoint of the trendline. Alternatively, there's a possibility of the market continuing to trade within proximity of the 1950 price range. My target is focused on the resistance level positioned at 1953.000.