Daily chart: the pair bounced down from the middle Bollinger band (1.2003). Medium-term downside potential is in the 1.1803 zone (lower Bollinger line), however, ADX activity is at the flat level.

Н4: local trend of the pair is sideways. The trading range does not exceed 100 points (1.1877-1.1971). Probably, the market will not leave this corridor until the end of the trading week.

Н1: the level 1.1932 (upper Bollinger band) can also be a strong resistance. Meanwhile, below 1.1903 the price may also fail. We note the activity on the part of the ADX, which can be either a consequence of a flat or a sign of a possible increase in volatility.

Conclusions: flat in the range 1.1903-1.1932.
Trading decisions: short-term deals in the corridor 1.1903-1.1932.