Daily chart: bulls traded very well on Friday, closing the day with impulse consolidation in the upper Bollinger envelope. This, on the one hand, allows them to count on the growth of the euro quotes in the direction of the upper border of the range (1.1872). But, on the other hand, we do not see the proper activity of the ADX, which can lead to a rollback to the original levels in the zone of the middle line (1.1759).

Н4: a local breakdown of the upper envelope is also a signal of a probable continuation of the pair’s growth. But here also we see a fully flat ADX, therefore, with a high probability, the euro will roll back to the middle band (1.1759).

Н1: on the hourly chart the dynamic support level from the middle band is slightly higher at 1.1771. Therefore, we are waiting for a rollback to the 1.1759-1.1771 area, where it will be possible to actively buy the euro.

Conclusions: a rollback down to the 1.1759-1.1771 zone, then an upward reversal.
Trading decisions:
1. Sales to 1.1771 and 1.1759.
2. Search for local buy signals in the 1.1759-1.1771 zone.