The quotes don’t leave the upper Bollinger bands (40.67-42.10) for the 7th day in a row. And so far there no any signs this tendency might change.
On local chart this sideways trend has explicit picture: strong support area 40.67-40.84 and resistance at 42.10-42.30. Bollinger bands keep horizontal orientation and ADX indicator is virtually dead. It’s a classic flat.
On hourly chart there is a support from the middle Bollinger band as well (41.46), which can trigger one more pullback to 42.10 today. Thus we might confidently go short in direction 40.85 from here after short-term longs to 42.10.
Upward pullback to 42.10 and then decline in direction 40.85.
Deliberate longs to 42.10 (or standby mode in order to go short confidently after a pullback to this region).
Shorts from 42.10 to 40.85.