Daily chart: a pinbar was formed from the upper Bollinger band, which can be considered as a downward reversal signal. However, there is a probability of a “bearish trap”, as evidenced by the preservation of the trend indicators by the ADX indicator.

Н4: locally the euro is trading above the middle Bollinger band (1.2014), which still fits into the consolidation format before the possible continuation of the uptrend. The upper Bollinger line is in the 1.2084 zone, which does not exclude the possibility of testing this mark.

Н1: the pair may not show high volatility during the day. The trading range is still limited by the size of the Bollinger envelopes (1.2021-1.2050), and the ADX is in an extremely weak position.

Conclusions: flat in the range of 1.2021-1.2050.
Trading decisions: short-term deals within the 1.2021-1.2050 range.