Daily chart: the bulls very easily passed the zone of the psychological level of 110.00. Against the background of the active ADX, we can talk about the continuation of the uptrend in the direction of 110.50 and 111.00.

Н4: the strongest local bullish momentum speaks of the probable breakdown of the sellers’ stops, who surely expected to bounce down from 110.00. Therefore, the speed of the upward wave can only increase.

Н1: the hourly upper Bollinger envelope is broken, and the ADX indication is at an extremely high trend level. Only purchases can be considered in such market.

Conclusions: growth to 110.50 and 111.00.
Trading decisions: purchases to 110.50 and 111.00.