Daily chart: the level of the lower Bollinger band has shifted slightly lower to the level of 1.1554, so there is a possibility of testing this zone before a possible new attempt to turn upwards.

Н4: local Bollinger envelopes are sideways in the range of 1.1565–1.1630. This may be quite enough for the relatively sluggish trading of the euro, which has been observed on the market in recent days.

Н1: on the hourly chart, we can note the narrowing of the trading range to 27 points (corridor 1.1588-1.1609). There is an active ADX here, so there is a possibility of higher volatility within the H4 timeframe range.

Conclusions:
The main scenario is flat in the range 1.1588-1.1609.
An alternative scenario is a wider flat in the range 1.1565-1.1630.
Trading decisions: searching for local confirmation signals to enter on both sides of the borders of one of the corridors.