Daily chart: at the end of the day a bullish pinbar can be formed, which would mean the completion of the downward technical correction, and would also give traders an important buy signal.

Н4: the local lower Bollinger envelope was not broken, so the prospects for further decline look limited. Resistance is the middle Bollinger band (110.92).

Н1: intraday potential of ADX is falling, therefore, consolidation within the Bollinger envelopes (110.44-110.76) will become one of the probable scenarios of the day.

Conclusions: flat in the range 110.44-110.76.
Trading decisions: short-term deals in the corridor 110.44-110.76.