Daily chart: the pair is forming a kind of “bearish flag”, so there is still a possibility that the quotes will continue to decline in the direction of the lower Bollinger band (1.1858).

Н4: locally, there is also a medium-term “flag” in favor of sales from the upper Bollinger band (1.1959) in the direction of 1.1858.

Н1: on the hourly chart, Bollinger envelopes still support the horizontal character of trading in the range of 1.1908-1.1959. The trend potential was not reached by the ADX indicator.

Conclusions: flat in the range 1.1908-1.1959.
Trading decisions: short-term deals in the range 1.1908-1.1959.