Daily chart: on Friday, an upward rebound from support 1.3400 was obtained, which also formed a “Double Bottom” pattern. We can speak of an upward reversal, but also we should not forget about a massive breakdown of the lower Bollinger envelope, which is a signal for the continuation of the bearish trend.

Н4: according to the conclusions made on the daily chart, we can assume that the pair will be able to recover to the middle Bollinger band (1.3571), from where it will face active sales again.

Н1: we also mark resistance at 1.3522 (upper Bollinger band). The envelopes are stable, and the breakdown potential of the ADX is absent. Therefore, the probability of a rebound down from this level is high.

Conclusions: growth to 1.3522, then decline to 1.3432.
Trading decisions: selling from 1.3522 to 1.3432.