Daily: very low trend potential of the ADX indicator suggests a likely continuation of the price consolidation trend around the middle Bollinger band (1.0549).

H4: the euro is approaching the strong resistance zone 1.0611-1.0635, which is likely to be difficult to pass. Thus, we expect a pullback of quotes from this zone to 1.0569.

H1: we confirm the dominance of the flat, non-directional nature of the market. The upper boundary of the flat is located in the zone of 1.0600-1.0611, the lower one – at 1.0569 (the confluence of the daily average and H1-lower Bollinger Bands).

Conclusions: flat in the range of 1.0569-1.0611.

Recommendations: trade in the range of 1.0569-1.0611.