Daily chart: the pair continues to consolidate in the area of the middle Bollinger band (1.2161-1.2179). ADX also maintains a downward trend, so the current trend will remain relevant today.

Н4: the local phase of the market is descending. The dynamics are flat. Probably, the decline will be stopped in the area of the middle Bollinger band (1.2161).

Н1: we confirm strong intraday dynamic resistance in the 1.2161 zone, where the H4-middle and H1-lower Bollinger bands are merging. ADX potential is not enough for a breakdown yet, therefore, the euro will rebound from this zone in the direction of 1.2185 and 1.2203.

Conclusions: flat in the range 1.2161-1.2203.
Trading decisions:
1. Sales to 1.2161.
2. Purchases from 1.2161 to 1.2203.