Daily: The bulls managed to break the upper Bollinger envelope yesterday, which could be a sign of readiness for further growth as well. At the same time, the trend potential of ADX indicator is not yet at the level of the impulse mode.

H4: A correction to the area of the middle Bollinger band (1.2165) is possible, which may be called a normal technical pullback. Also this zone can be considered as a promising area of demand.

H1: strong support in the area of 1.2214 (lower Bollinger band). Most likely, it will be used by the buyers to increase their pressure.

Conclusions: pullback to 1.2214, then reversal upwards and movement towards 1.2300.
Recommendations: Buy from 1.2214 to 1.2300.