Daily chart: the pair is actively recovering within the upper Bollinger envelope. Therefore, the bulls have a good opportunity to reach the 110.62 zone today, where the upper border of the range is located.

Н4: locally there is an attempt to break through the upper Bollinger band. Taking into account the active bullish ADX, the probability of such a breakout should be regarded as very high.

Н1: On the hourly chart there is also an uptrend potential. The price is already outside the upper envelope, which confirms the positive forecast for today. We are waiting for a pair at 110.62.

Conclusions: growth to 110.62.
Trading decisions: buying to 110.62.