Daily chart: the tendency for quotes to roll back in the direction of the middle Bollinger band (1.2148) remains. Probably, the market will expect today’s data on the US budget at 21-00 Moscow time.

Н4: locally, the trading range is still limited by the lower Bollinger envelope (1.2148-1.2212). This corridor may be enough for the accumulation of volumes for the next fiery week (NFP).

Н1: within the day the pair does not go beyond the Bollinger bands (1.2177-1.2203). The ADX indicator is in a strong zone, but moves to a correction, which is in line with the general flat forecast.

Conclusions: flat in the range 1.2177-1.2203.
Trading decisions: short-term deals in the corridor 1.2177-1.2203.