Daily chart: the pair did not reach the upper Bollinger band (112.11), continuing to consolidate in the area of 111.24-111.49. The bullish potential of ADX maintains, therefore, the development of the upward wave is possible at any moment.

Н4: the local trading corridor is still limited by the upper Bollinger envelope (111.24-111.74). Judging by the correction of the ADX indicator, there is a possibility that the pair will spend the whole day in this range.

Н1: the hourly lower Bollinger envelope has not been broken, therefore, a decline in quotations will probably not lead to a renewal of the minimum. However, there is also a drop in the trend potential plus strong resistance in the middle band area (111.49). Therefore, the probable scenario is flat in the range 111.17-111.49.

Conclusions: flat in the range 111.17-111.49.
Trading decisions: buying from the 111.17 area with a position transfer overnight.