Daily chart: the lower Bollinger line dropped to the 1.1682 zone, so the downward wave cannot be considered as exhausted – at any moment the euro quotes may continue to decline.

Н4: the local lower Bollinger band also has not been tested. This makes the middle line located in the 1.1758 zone to be a promising area for selling.

Н1: a bearish flag pattern is forming on the hourly chart. Therefore, a downward reversal also can be expected here, followed by a sharp decline. Moreover, the size of the flag indicates the perspectives for short positions of no less than 90-100 points.

Conclusions: a decline from the 1.1735 zone to 1.1696, with an eye on 1.1650.
Trading decisions: sales from the 1.1735 zone to 1.1696 and 1.1650.