Daily: The middle Bollinger band (1.0986) held the Euro last week, but the further prospects for the pair still look negative. There are all the attributes of a potential downward reversal here. It includes the triple top, the absence of the breakdown of the upper Bollinger envelope and RSI divergence.

H4: horizontally oriented Bollinger envelopes indicate that Monday is likely to pass within the consolidation range of 1.0986-1.1078.

H1: We also see a sideways trend on the hour chart, with a more localized resistance at 1.1056. Forecast for the day – sideways in the corridor 1.0986-1.1056.

Conclusions: flat in the range of 1.0986-1.1056.

Recommendations: trade in the range of 1.0986-1.1056.