Daily chart: the technical upward correction of the pair can be completed in the area of the middle Bollinger band (110.58). Meanwhile, it should be noted that the bulls did not allow the breakdown of the lower Bollinger envelope, therefore, the indicated supply zone will require confirmation.

Н4: very low ADX trend activity indicates potentially small trading volatility. Presumably, the range will be localized by the upper Bollinger envelope (110.10-110.58).

Н1: intraday price fluctuations are located at the level of 12 points (110.28-110.40). ADX is in the trend zone, but turned into a correction, which is also a sign of a flat scenario of the day.

Conclusions: flat in the range 110.10-110.58.
Trading decisions: short-term deals in the range 110.10-110.58.