Daily: The pair reached the upper Bollinger band (138.65), but there is a significant bullish pressure, so an upside break-up is not excluded.

H4: The upper Bollinger envelope has already been broken up, which is an indication of further rise towards 139.000.

H1: Significant overbought area may lead to a sharp correction down from the round level of 139.000.

Bottom line: Rise to 139.000, then correction to 138.000.

Recommendations:

• Buying to 139.000.
• Selling from 139.000 to 138.000.