Daily: the pair remains in the middle of the upper Bollinger envelope, in the background of the falling trend potential ADX. This suggests that the current non-directional trend remains relevant.

H4: upward sideways phase within the range of the Bollinger envelopes. Thus, we expect the pair in the zone of 1.1936, with the subsequent transition to a new downward wave.

H1: Here there was a breakdown of the upper Bollinger envelope, which will encourage the activity of buyers in the area of 1.1820.

Conclusions: a pullback to 1.1820, then growth to 1.1913.

Recommendations: Buy from 1.1820 to 1.1913.