Daily chart: a strong bullish momentum occurs against the background of an active trend ADX, so the euro can actively continue to recover for at least 170 pips! The closest strong barrier to growth is in the 1.2177 zone.

Н4: the local upper Bollinger envelope has been broken, so it is also necessary here to proceed from the positive forecast for the euro. The potential demand area is 1.1994 (middle Bollinger band), but it is unknown whether such a price will be given with such a strong daily ADX.

Н1: the average Bollinger band on the hourly chart is located at the level of 1.2041, therefore, this mark is the most suitable today for opening long positions with the expectation that the pair will continue to rise to 1.2177.

Conclusions: growth from the 1.2041 zone to 1.2177.
Trading decisions: purchases from the 1.2041 zone to 1.2177.