Daily chart: the upward wave cannot develop after the rebound from the middle Bollinger band – ADX remains in the weak zone, which will probably lead to a new pullback to the support at 109.36.

Н4: the local consolidation range is limited by the size of Bollinger envelopes (109.36-109.83). ADX begins to decline while approaching the trend zone, which indicates the market’s flat dynamics.

Н1: the area 109.56-109.61 can also be a strong support within the day. The upper Bollinger band (109.81) will act as a limiting resistance. Generally, the forecast for the day is flat in this range.

Conclusions: flat in the range 109.61-109.81.
Trading decisions: short-term deals in the range 109.61-109.81.