Daily chart: the euro, despite the bullish inside bar formed at the close of last week, maintains a downward trend towards the lower Bollinger band (1.1742). Oversold cannot be called extreme, so we may well witness the creation of a “bull trap”.

Н4: the local ascending phase of the pair’s movement is limited by the resistance levels 1.1800 and 1.1838 (middle and upper Bollinger bands). From each of these zones, the descent can be continued.

Н1: within the day, the market is flat with a trading range not exceeding 25 points (1.1774-1.1799).

Conclusions:
The main scenario is flat in the range 1.1774-1.1799.
An alternative scenario is an increase to 1.1838, then a decline to 1.1742.
Trading decisions: sales from zones 1.1799 and 1.1838 to 1.1742.