Daily: the pair is aimed to continue the growth at least to 137.73, where the upper Bollinger band is now located. ADX indication is at the trend level, which also indicates that the bulls retain strength and reserves for further upward movement.

H4: The nearest local dynamic resistance is at the round level of 137.00. The preferred demand zone is 135.68-136.21.

H1: the intraday range remains sideways for the time being, so it cannot be ruled out that the scenario with the upward workout will be postponed till tomorrow. At the moment, quotes are within the 40-point corridor of 136.00-136.39, amid a complete lack of trend potential.

Scenarios:

• Main – flat in the 136.00-136.39 range.
• Alternative – growth towards 137.00.

Recommendations: Buy from 136.00 to 136.39 and 137.00.