Daily chart: there is a substantial drop in the trend potential from the ADX, which potentially limits the instrument’s volatility in the area of the middle Bollinger band (108.74).

Н4: strong local support in the zone of the middle Bollinger band (108.74) may not miss the bears below today. Meanwhile, the quotes are unlikely to grow above the resistance at 109.18.

Н1: on all timeframes the flat character of both Bollinger envelopes and the ADX trend strength indicator is observed. Therefore, we are waiting for the continuation of the flat in the sideways range, limited by the Bollinger bands (108.74-109.06).

Conclusions: flat in the range 108.74-109.06.
Trading decisions: short-term deals in the corridor 108.74-109.06.