Daily chart: after a failed attempt to consolidate in the upper Bollinger envelope, the pair firstly got a reverse bearish inside bar and then crashed below last Thursday’s minimum. ADX is still in the weak zone, therefore, the development of the downward wave in the direction of 109.33 may be extended in time for several days.

Н4: strong local support in the area of 109.93 (lower Bollinger band) may come under pressure from sellers, whose assets include the trend activity of the ADX indicator.

Н1: within the day we observe a breakdown and consolidation below the lower Bollinger band, which is also a signal for a continuation of the decline.

Conclusions: decline to 109.93 and probably lower.
Trading decisions: sales to 109.93 (and lower outside of the day).