Daily chart: the pair maintains a tendency to continue the correction in the direction of the middle Bollinger band (108.05). Therefore, this area retains the status of the most promising area for purchases.

Н4: the local sideways channel within the lower Bollinger envelope (108.62-108.85) looks very stable against the background of a weak ADX. A potential decline in quotations to 108.05, probably, will not happen today.

Н1: we confirm the flat side corridor 108.62-108.85, equal to the size of the Bollinger bands. There are no visual or indicative signs that this range will be disrupted today.

Conclusions: flat in the range 108.62-108.85.
Trading decisions: short-term deals in the corridor 108.62-108.85.