Daily chart: the pair keeps flat dynamics within the upper Bollinger envelope (1.2100-1.2203). We are waiting for the testing of the upper border of the range and the conversion to the downward phase. The trend potential is negligible, so an upward breakout is unlikely.

Н4: the growth of the local ADX is still limited, so the euro may meet resistance at the level of 1.2189. Meanwhile, a possible fall below the middle Bollinger band (1.2152) is not visible yet.

Н1: as we can see, there is no trend dynamics from the ADX on all timeframes, therefore, the main expectation from today’s trading is range trading in the corridor 1.2152-1.2189.

Conclusions: flat in the range 1.2152-1.2189.
Trading decisions: short-term trades in the range 1.2152-1.2189.