Daily: the pair is growing towards the upper Bollinger band (131.24). At the same time, the ADX indicator turned into a correction, so a further breakout is unlikely.
H4: strong local overbought may also indicate a potential blackout of buyers. The upward potential is still strong, but it is limited.
Н1: the first signs of divergence with the RSI oscillator confirm the low probability of breaking through the resistance at 131.24.
Results: growth to 131.24, then turn down.
Recommendations:
- Purchases to 131.24.
- Selling from the zone 131.24.