Daily: The euro is testing important dynamic support at 1.0480 (lower Bollinger band), where there is increasing trend pressure from the ADX. Thus, we have two equally probable scenarios for today, with a reference point of 1.0480.

Н4: the local lower Bollinger band is significantly lower than the level of 1.0480, which makes the fall scenario preferable.

H1: note the range of intraday consolidation (1.0462-1.0568), which may be enough for trading within one session.

Results:

• The main scenario is a flat in the range of 1.0462-1.0568.
• Alternative scenario – decline to 1.0400.

Recommendations: sales from the 1.0568 zone to 1.0462 and 1.0400.