Daily chart: the pair is consolidating in the area of the middle Bollinger band (1.2098). ADX numbers are declining, so with high probability, Friday will keep this trend. In case of increased volatility, the market will be supported from below by the zone 1.1998-1.2022, and from above the growth will be limited by the resistance at 1.2164-1.2202.

Н4: mark the borders of a more local flat range 1.2090-1.2149 (Bollinger envelopes). We note a decrease in potential from the ADX.

Н1: on the hourly timeframe, Bollinger envelopes are stable, limiting the probable trading range to the 1.2120-1.2138 zone. Therefore, the most actual scenario today is flat.

Conclusions: flat in the range 1.2120-1.2138.
Trading decisions: short-term deals within the corridor 1.2120-1.2138.