Daily chart: the pair is already in the upper Bollinger envelope, fully justifying the scenario of a further upward reversal of the euro. The next target of the bulls is the upper border of the range (1.1729).

Н4: the local upper Bollinger envelope has been broken, which is also a signal for continuation of growth in quotations. The probable area of demand for the euro will be the middle Bollinger band (1.1609-1.1614).

Н1: intraday dynamic support area from the lower Bollinger band is at the level of 1.1625, which, however, can be considered as one zone with the levels 1.1609-1.1614. Exactly from this zone the beginning of the next upward wave in the direction of 1.1700 and higher can be expected.

Conclusions: a rollback down to the 1.1609-1.1625 zone, then growth in the direction of 1.1700 and 1.1729.
Trading decisions: buying from the 1.1609-1.1625 zone to 1.1700 and 1.1729.