Daily: the pair is at the stage of a possible move to the lower Bollinger envelope, which, of course, will be resisted by the bulls. ADX potential looks insufficient for any serious moves.

H4: The lower Bollinger band, which is a dynamic support, is located at 1.2054, which is where the pair might be headed in the nearest future.

H1: As we see, on all timeframes there is no significant trend potential, so the intraday trading range may not exceed 60 pips (1.2116-1.2177).

Conclusions: a flat in the range of 1.2116-1.2177.

Recommendations: trade in the range of 1.2116-1.2177.