Daily chart: the possibility of testing the upper Bollinger band (109.26) remains, although the pair is very overbought. There is almost no further potential for growth, so a downward reversal can be expected.
Н4: locally the pair is trading in the sideways direction 108.19-109.13, which may have signs of a “bullish flag” (continuation pattern). The ADX trend potential is at a low level, so the volatility is unlikely to be high.
Н1: the intraday trading range narrows within the Bollinger envelopes (108.31-108.70) against the background of corrective dynamics from the ADX. We are waiting for the continuation of the flat in this range.
Conclusions: flat in the range 108.31-108.70.
Trading decisions: short-term trades in the range 108.31-108.70.