Daily chart: the euro is trading in the lower Bollinger envelope, but without any particular prospects for further decline – support in the lower band zone is close enough (1.2125), and there is no ADX trend potential. Probably, the pair will demonstrate multidirectional movements in the range 1.2125-1.2177.

Н4: we also note strong local support in the area of the lower Bollinger band (1.2153). As you can see, there is also no trend dynamics from the side of the ADX indicator.

Н1: intraday bearish pressure may allow sellers to work off the short-term support at 1.2125. However, the forecast with a pullback up to 1.2177 looks highly probable.

Conclusions: flat in the range 1.2125-1.2177.
Trading decisions: short-term deals in the range 1.2125-1.2177.