Local upward phase of the movement also doesn’t have trend tone, therefore growth of the quotes will be limited by resistance 1.0863 (upper Bollinger band). We can consider shorts from this level reckoning on movement in direction 1.0778 (lower Bollinger band). As we see Bollinger bands are in a horizontal plate, therefore trading from the boundaries of the range is the most optimal trading tactics.
Very weak intraday ADX also suggests possible extension of flat within Bollinger bands (1.0804-1.0845).
Flat in the 1.0804-1.0845 range.
Trades to both sides in the 1.0804-1.0845 channel.