Daily chart: the pair may move to an upward phase of movement after working out support in the lower Bollinger band (108.41). There will also be enough resistance on the way – 109.00, 109.23, 109.63.

Н4: a qualitative upward rebound is observed here as well. We are waiting for the growth of quotations to the upper border of the range (109.02-109.08). Generally, the trading corridor is quite enough for this pair.

Н1: we mark the borders of intraday consolidation within the Bollinger envelopes (108.67-108.85), where the pair can remain for some time before the impulse to 109.02-109.08. ADX indicators are at the flat level.

Conclusions: flat in the range 108.67-109.08.
Trading decisions: purchases from the zone 108.67 to 109.08.