Daily chart: the trend towards the development of an uptrend wave continues. The ADX trend potential is very large, so the bulls today will probably try to consolidate above the psychological level of 111.00.

Н4: local trade range – 110.26-111.13 (upper Bollinger envelope). Therefore, the bulls can get optimal entry points in the area of the lower border of this range (110.26).

Н1: within the day there is a drop in the trend potential, which may result in a sideways session within the Bollinger bands (110.55-110.81). Generally, such a scenario fits well with the expectations of tomorrow’s “storm” against the background of the US publication of NFP data.

Conclusions: flat in the range 110.55-110.81.
Trading decisions: short-term deals in the corridor 110.55-110.81.