Daily chart: the pair moved to a new upward wave without completing the middle Bollinger band. This indicates a strong bullish potential of the market and a probable testing of the area of the last maximum (111.91-112.11).

Н4: the local active ADX also speaks in favor of an upward impulse to the area of resistance 111.91-112.11. A deferred selling volume can be encountered here within the O&U pattern, so it will be very important to wait for the market reaction (either a reversal or continuation of the growth).

Н1: until now, nothing raises doubts about the dominance of buyers. We are waiting for a pair in the zone 111.91-112.11 today.

Conclusions: growth to 112.11.
Trading decisions: buying to 112.11.