Daily chart: the pair has been trading in the area of the middle Bollinger band (109.05) for the third day in a row. ADX has not entered the trend zone yet, and the envelopes retain their horizontal flat orientation. Therefore, the trend today will probably continue.

Н4: we mark the borders of the local sideways corridor within the Bollinger envelopes (108.79-109.39). ADX potential is decreasing, which confirms the flat forecast for the instrument.

Н1: the non-directional trend also persists on the hourly chart. The support “sideways” is provided by the lower Bollinger band (108.69-108.79, resistance – 109.30-109.39). This corridor will be preserved with high probability.

Conclusions: flat in the range 108.69-109.39.
Trading decisions: trading in both directions in the corridor 108.69-109.39.