Daily chart: the pair has reached the lower Bollinger band (1.1770), where the bearish pressure is observed on the ADX indicator. This means that, despite the possible corrective dynamics, there will be a high probability that the quotes will continue to fall.

Н4: a “bearish flag” continuation pattern is forming locally, although an antiphase rebuilding is observed in the RSI/ADX link. Therefore, the correction will probably reach the middle Bollinger band (1.1838).

Н1: during the day the pair is consolidating within the horizontally oriented Bollinger envelopes (1.1758-1.1816). ADX falls, so the most expected scenario is flat within the specified borders.

Conclusions: trade in the range 1.1758-1.1816.
Trading decisions: selling from the 1.1816 zone.