Daily: The pair is trading in the middle of the upper Bollinger envelope, on the background of the continuing fall of the ADX potential. Thus, the current trend is likely to continue.

H4: Here the price is also localized within the upper Bollinger envelope (1.1300-1.1417). That might be enough for the Euro in its current state.

H1: The intraday resistance at 1.1359 (upper Bollinger band) may not let the bulls go higher, sending the pair into a new decline towards the supports at 1.1315, 1.1300, 1.1274.

Results: Flat in the range of 1.1274-1.1359.

Recommendations: Trade in the range of 1.1274-1.1359.