Daily chart: the downward trend of the euro in the direction of 1.1736 (lower Bollinger band) is confirmed. Yes, probably, we will see multidirectional movements within the day. But generally, the bulls clearly cannot hold the corrective wave for too long.

Н4: locally the pair has a limited horizontal corridor inside the Bollinger envelopes (1.1830-1.1878). ADX potential is falling, so the probability of this range being relevant is high.

Н1: the downward wave is directed to 1.1830. We are waiting for the testing of this support and the subsequent upward rebound in the direction of 1.1865 and 1.1883.

Conclusions: flat in the range 1.1830-1.1883.
Trading decisions:
1. Sales to 1.1830.
2. Purchases from 1.1830 to 1.1883.