Daily chart: bulls showed a good upward rebound from the middle Bollinger band, but there are no big perspectives for further growth – the pair will clearly not be able to pass the upper Bollinger band (1.3896-1.3900) against the background of such a strong fall in the ADX trend indicators.

Н4: another strong local resistance can be 1.3868 (the upper Bollinger line) – there is also a characteristic consolidation and a decrease in the ADX trend potential.

Н1: the hourly chart shows a semblance of the “Bullish flag” pattern with a consolidation range inside the Bollinger bands (1.3821-1.3858). The forecast for the day is flat in this corridor.

Conclusions: flat in the range 1.3821-1.3858.
Trading decisions: short-term deals in the range 1.3821-1.3858.