Daily chart: the pair is showing very good growth against the background of a bearish pinbar formed one day earlier, which can be considered as broken. ADX is in the trend zone. Therefore, there is a very high probability that the bulls will fulfill their minimum target of 112.16 (upper Bollinger band).

Н4: strong local resistance can be met today in the area 111.86 (upper Bollinger band), where the breakout potential of ADX is not observed yet.

Н1: as we can see, on the hourly timeframes the trend dynamics of the ADX is not present, so today it is unlikely that it will rise above the zone 111.67-111.86.

Conclusions:
The main scenario is flat in the range 111.47-111.86.
An alternative scenario is an increase to 112.16.
Trading decisions: short-term deals in the range 111.47-111.86.