Daily chart: the last peak of the euro is in the 1.2236 zone, which, during the last testing, led to a fall by almost 550 points. Will the market be able to ignore such a zone this time – we’ll see. But the ADX pressure is very big, so today can be called a key and decisive day.

Н4: the upper Bollinger band is in the 1.2254 zone, which is 20 points above the daily resistance. A hairpin is not excluded in this area before the reversal.

Н1: within the day quotes are still limited by the size of Bollinger envelopes (1.2208-1.2241). On all timeframes, there is a high trend ADX activity, so the actual volatility may turn out to be much higher.

Conclusions: accumulation in the range 1.2208-1.2241, with a possible breakout impulse in any direction.
Trading decisions: searching for possible signals