Daily: the pair is consolidating around the middle Bollinger band (1.2224). There is no ADX trend potential for a higher breakout.

H4: the pair’s upside potential, in case of consolidation above 1.2224, exceeds 100 pips – 1.2334 (upper Bollinger band). However, the ADX is extremely weak here as well.

H1: only on the hourly chart the necessary trend dynamics is present, so the resistance area of 1.2210-1.2224 is the control area for today.

Scenarios:

• Main – growth to 1.2334.
• Alternative – consolidation in the range of 1.2173-1.2224.

Recommendations: Buy to 1.2334 (optimally – from 1.2173).