Daily chart: as expected, the growth of quotes bogged down on Friday against the background of a protracted correction of the ADX indicator. Now we can expect either the market consolidation in the middle band area (113.80), or a fall into the lower envelope.

Н4: the local dynamic area of support at 113.71-113.80 looks very strong. It is unlikely that the bears will be able to pass it without massive preliminary preparation.

Н1: probably, the pair will accumulate potential in the range between support at 113.71 and resistance at 114.03. What is happening here has the signs of the “Head-and-Shoulders” and “Over&Under” patterns, which allows us to consider selling from the zone 114.03-114.27.

Conclusions: an upward rollback to the 114.03-114.27 zone, then a downward reversal in the direction of 113.71.
Trading decisions: selling from the zone 114.03-114.27 to 113.71.