After the classical chart technical breakout and the obligatory retest, the bull-run to approx. 0.98 is now pending. Where does the 0.98 come from? This results from the low of the cup to the high to the resistance/neck line. This is now a converted support line, which has been confirmed by the re-test.
The pink arrow is then simply duplicated onto the blue thick support line and results in the superior target range of 0.98.