Daily chart: the upper Bollinger band has moved higher again compared to yesterday’s trading session and is at 114.87 now. There as less and less doubts that the bulls will be able to realize this trending potential to refine the psychological level of 115.00.

Н4: marking the boundaries of the local consolidation range within the Bollinger envelopes (113.71-114.60). ADX moved to a correction, so today the pair may not go higher, leaving this question for the next day.

Н1: on the hourly chart, the resistance area 114.41-114.50 is also highlighted, but there is a substantial trend pressure ADX. Therefore, we have an ambiguous upward scenario.

Conclusions:
The main scenario is growth to 115.00.
An alternative scenario is flat in the range 114.14-114.60.
Trading decisions: buying to 115.00 (the optimal entry zone is 114.14).