Daily chart: the development of the downward wave was suspended at the dynamic support of 1.1595 (middle Bollinger band). The trend potential of the ADX indicator has fallen sharply, therefore, probably, the bears will not be able to do anything today.

Н4: the local lower Bollinger envelope has not been broken through, although the lower Bollinger band is still below the current price (1.1575). Therefore, after testing the middle line (1.1617), we can expect a continuation of the decline in the direction of the indicated mark.

Н1: hourly Bollinger envelopes are located horizontally, which will contribute to further flatness in the range of 1.1584-1.1612. The forecast for the day is flat.

Conclusions: flat in the range 1.1584-1.1612.

Trading decisions: short-term deals in the range 1.1584-1.1612.