Daily chart: the pair remains flat, trading for the second day in the area of the middle Bollinger band (109.96). There are also obvious attempts to set positions by buyers, which is characterized by a consistent increase in local minimums. However, we need to wait for the denouement after the weekend, inasmuch as ADX is in sleep mode here.

Н4: local Bollinger envelopes remain horizontally oriented, which limits the potential trading range to 50 points (109.75-110.26). But, as you can see, the pair is testing these borders outside the limits of one day’s session.

Н1: estimated intraday corridor is 109.88-110.06 (size of Bollinger bands). All timeframes have flat ADX dynamics.

Conclusions: flat in the range 109.88-110.06.
Trading decisions: short-term deals in the corridor 109.88-110.06.