Daily chart: the pair is consolidating in the lower Bollinger envelope. The support area 1.3547 (the lower Bollinger band) remains a promising target for the bears, although it is unlikely that the decline in quotations will have an impulsive character – the trend for the correction of the ADX indicator remains.

Н4: the ultimate target for sellers today is the area of dynamic support 1.3629 (lower Bollinger band). However, there is an increase in the ADX trend pressure.

Н1: the local sideways channel of trading is limited by the size of Bollinger envelopes (1.3646-1.3690). Forecast for the day is flat within the specified limits.

Conclusions:
The main scenario is flat in the range 1.3646-1.3690.
Alternative scenario is decline to 1.2629.
Trading decisions: short-term deals in the range 1.3646-1.3690.