Daily: Buyers are showing persistence around the 115.00 psychological level (Upper Bollinger Band). The pressure on the ADX side is quite strong, which makes the likelihood of a further upside breakout extremely high.

Н4: Here the Bollinger Upper Envelope is nine pips above the indicated resistance at 115.00. This difference cannot be considered significant, which, by the way, also speaks in favor of buyers.

Н1: Probably, the upper Bollinger line will still be broken, which is another signal for buying. It is expected that the main positions of sellers will surrender and rise to 116.00, after reaching 115.50.

Conclusions: A move to 115.50 with a target for further growth to 116.00.

Recommendation: Long positions towards 115.50 and 116.00.