Daily chart: the situation has not changed yet – the consolidation flat is in the area of the middle Bollinger band (1.2177). Based on the continuation of the fall of the ADX indicator, we can assume that this trend will continue today.

Н4: very low trend activity of the local ADX limits potential volatility within the upper Bollinger envelope (1.2168-1.2210).

Н1: intraday forecast is also flat – the pair is in a narrow sideways range, which is limited by Bollinger bands (1.2168-1.2186). This is not enough for the main major Forex pair, but, as we can see, yesterday it turned out to be enough.

Conclusions:
The main scenario is flat in the range 1.2168-1.2184.
An alternative scenario is a wider flat range 1.2168-1.2204.
Trading decisions: short-term deals in the corridor 1.2168-1.2204.