Daily chart: the bulls have successfully transferred the euro into the upper Bollinger envelope, which is accompanied by an increase in the ADX indicator. We are waiting for a pair at the border of the envelopes – in the resistance zone of 1.1886.

Н4: local dynamic resistance from the upper Bollinger band is located at 1.1861, which is being tested right now. The ADX trend indicators are still relatively low here, so a rollback of quotes to the middle line (1.1814-1.1819) cannot be ruled out.

Н1: the hourly upper Bollinger band is at 1.1875, which can be considered as the same zone with the daily resistance level of 1.1886. The ADX does not show the breakout pressure yet, so we are waiting for the touch of this area and the subsequent transition to the downward correction.

Conclusions: growth to the 1.1875-1.1886 zone, then a decline to 1.1814-1.1819.
Trading decisions:
1. Sales from the zone 1.1875-1.1886 to 1.1814-1.1819.
2. New buying from the 1.1814-1.1819 zone to 1.1875-1.1886.