Daily chart: the pair is trading at the middle Bollinger band (109.48), which is critical support for the medium-term uptrend. ADX continues to decline, so the consolidation process may be quite lengthy at the current levels.

Н4: as we can see, the local lower Bollinger envelope was broken, which indicates possible sales from the middle Bollinger band (109.66). Therefore, we cannot exclude that the quotes will move to the 108th figure.

Н1: the size of the consolidation range on the hourly chart does not exceed 45 points still (109.07-109.48). There is every chance that this corridor will continue today throughout the entire trading session.

Conclusions: flat in the range 109.07-109.48.
Trading decisions: sales from the zone 109.48 to 109.07.