Daily chart: the bearish pinbar, which was formed yesterday, although not a full-fledged trading setup (due to its location), nevertheless, fully confirms the weakness of buyers when approaching the upper Bollinger band (1.3855). Taking into account the multi-day market consolidation at current levels, it is quite possible to speak about the preparation of a new downward wave.

Н4: local Bollinger bands support the horizontal channel in the range of 1.3736-1.3807. The ADX indicators are still at the flat level, so the pair, most probably, will not leave this corridor.

Н1: the sideways trend is confirmed on the hourly chart as well. The volatility of the instrument will be limited today by 48 points (1.3747-1.3795).

Conclusions: flat in the range 1.3747-1.3795.
Trading decisions: short-term deals in the range 1.3747-1.3795.