Daily chart: the bulls are still unable to cope with the resistance at 109.10 (upper Bollinger band). Against the background of such substantial overbought, there are big doubts that the uptrend will continue.

Н4: area of local consolidation – 108.62-109.10 (upper Bollinger envelope). An entry of price into the lower Bollinger envelope would be a substantial sign of a downward reversal of the market.

Н1: we mark a strong area of resistance 108.95-109.10, which may be of great interest to sellers. The target support zone is 108.37-108.45. Probably, the pair will remain in this corridor the whole day, as evidenced by the weak declining ADX.

Conclusions: decline from the zone 108.95-109.10 in the direction of 108.37-108.45.