Daily: Bulls show weakness in the resistance zone at 1.0614 (middle Bollinger band), which may lead to a gradual decline in quotes towards support at 1.0369 on the lower border of the envelopes.

Н4: we note a control support in the zone 1.0470 (lower Bollinger line). There is an increase in the trend potential of the ADX, therefore, in the event of a breakdown of this level, the pair may fall by more than 100 points today.

Н1: strong pressure of the bears inside the day makes the fall scenario the main one for today. Failing to break support at 1.0470, the pair will remain in a 60-pip range of 1.0470-1.0530.

Scenarios:

• The main one is a decrease to 1.0369.
• Alternative – flat in the range of 1.0470-1.0530.

Recommendations: Sell to 1.0369.