Daily chart: the pair is in the middle of the lower Bollinger envelope, therefore, despite the maintaining of bearish potential in the direction of the dynamic support at 1.1507, the correction to the middle line (1.1679) is possible. The probability of such a scenario increases due to the convergence of the RSI oscillator.

Н4: the local trend potential of the ADX is falling, and the Bollinger envelopes support the “sideways” in the range 1.1531-1.1600. Probably, volatility will not exceed 70 points.

Н1: weak intraday ADX does not allow us to expect that the bulls will overcome the barrier in the form of the upper Bollinger band (1.1582). Therefore, we will probably see a downward reversal towards 1.1561. The forecast for the day is flat.

Conclusions: flat in the range 1.1561-1.1582. A short-term growth to the 1.1600 area is possible.
Trading decisions: selling from zones 1.1582 and 1.1600.