Daily chart: the pair slipped down sharply after the contact with the middle Bollinger band (110.19), which confirmed the beginning of the development of the previously broken lower envelope. Therefore, the instrument will probably continue to decline to at least 109.28 (although the medium-term potential appears to be much bolder).

Н4: the local lower Bollinger envelope is also broken, which is an additional signal for the continuation of the decline.

Н1: the hourly chart shows weakness of buyers in the zone of the middle Bollinger band (109.82). The nearest strong support will be found at 109.53. And, based on the low trend activity of the ADX, it is unlikely that the pair will go much lower over the day.

Conclusions: decrease to 109.53, with an eye on 109.28.
Trading decisions: sales to 109.53 and 109.28.