Daily: the upper Bollinger envelope was broken and the ADX indicator is in the trend zone. All this indicates a high probability of further growth of euro quotations.

H4: There is also room for downward technical correction up to the middle Bollinger band (1.0774).

H1: let’s not forget about the “Friday factor” when many markets “fall asleep” before the bank holiday. Intraday trend dynamics really slows down, so it is possible that we will see a flat within the Bollinger envelopes (1.0800-1.0882).

Conclusions: a flat in the range of 1.0800-1.0882.

Recommendations: trade in the range of 1.0800-1.0882.