Daily chart: the pair’s upward technical correction was triggered by yesterday’s bullish inside bar. The minimum target for such a signal is the middle Bollinger band (110.42).

Н4: strong resistance will be met in the 110.42 zone – here the Н4-upper and daily middle Bollinger lines merge. The envelopes are in a stable horizontal position, so growth above this zone is unlikely.

Н1: the hourly upper Bollinger envelope was broken against the background of the trendy bullish ADX. We are waiting for an impulse to 110.42.

Conclusions: growth to 110.42.
Trading decisions: purchases to 110.42.