Target is 110.03

26.03.2021

Daily chart: the pair has renewed its maximum and keeps targeting the upper Bollinger band (110.03). Only purchases are relevant.

Н4: the breakout of the upper Bollinger envelope is also a strong buy signal. ADX is in a strong trend zone, which also indicates that there is no alternative to the bullish scenario.

Н1: on the hourly chart, we also mark the dominance of bulls. The upper Bollinger envelope is broken, the ADX indication is at the level of the trend distribution. We are waiting for active development in the direction of 110.03.

Conclusions: growth in the direction of 110.03.
Trading decisions: purchases by 110.03.