Daily: the pair is trading in the sideways corridor within the lower Bollinger envelope (1.2369-1.2503). There are no signs of exit from this trend yet.

H4: Exactly the same sideways trend is observed here. ADX is in the flat zone. Most likely, the price will constantly return to the middle balance line of the Bollinger (1.2442).

H1: On the hourly chart the lower Bollinger envelope was broken earlier, which may contribute to the downward trend. Nevertheless, the Bollinger Bands remain horizontally oriented, so the main expectation is a flat.

Conclusions: a flat in the range of 1.2413-1.2472.

Recommendations: trade in the range of 1.2413-1.2472.