Daily chart: testing of the upper Bollinger band (110.86) is expected in the near future, from where a downward reversal will be possible. ADX is not in the trend zone yet, so this scenario looks as the most probable.

Н4: the local pressure of the bulls is quite strong, but the pair is showing signs of overbought, which will also make it difficult for quotes to rise above the 110.86-111.00 zone.

Н1: the hourly chart also shows signs of overbought by RSI, although ADX pressure also remains at the trend level for now. Therefore, we expect the touchdown of the 110.86 zone and the reaction to it, in order to finally conclude about a possible downward reversal.

Conclusions: growth to the 110.86-111.00 zone, then a downward reversal.
Trading decisions:
1. Buying to 110.86-111.00.
2. Sales from the zone 110.86-111.00 to 110.50.