Daily: The pair got seriously overbought, which may not allow the bulls to overcome the barrier of the round level 145.00.

H4: We note that the upper Bollinger band here is at 145.48. Therefore, a reversal downward before the target is reached is unlikely.

H1: Also, one of the scenarios inside today’s trading session may be a flat within the Bollinger envelope range (143.48-144.91).

Scenarios:

• Main – a flat inside the 143.48-144.91 range.
• Alternative – growth towards 145.48.

Recommendations: Buying from the zone 143.48.