Daily chart: not too volatile session only aggravated the euro’s position yesterday – such consolidation confirms the overall negative forecast, and the lower Bollinger band again dropped below the previous day (1.1514).

Н4: locally, there is also market consolidation, which can be interpreted as preparation for a decline – earlier the lower Bollinger envelope was broken, and the correction reached its maximum height in the zone of the middle Bollinger band (1.1577).

Н1: taking into account the factor of Friday, we will also not exclude the flat scenario for the day. At the moment, Bollinger envelopes are stable in the horizontal corridor 1.1548-1.1567, and the indicator is in the extremely weak zone.

Conclusions:
The main scenario is flat in the range 1.1548-1.1567.
Alternative scenario is decline to 1.1514.
Trading decisions: selling from the 1.1567 zone to 1.1548 and 1.1514.