Daily: the euro goes back to the middle Bollinger band (0.9840), where it may face the sell-offs again on the background of the ADX trending potential increase.

H4: As we see the bottom Bollinger envelope was broken yesterday, which is a signal of continuation of decrease in the quotes, which usually works out from the middle Bollinger line (0.9840).

H1: strong resistance within the day may be in the area of 0.9790-0.9800 (upper Bollinger band), where the price may correct to the lower boundary of the range (0.9734).

Scenarios:

• Main – growth to 0.9840, then reversal downward.
• Alternative – decrease from 0.9800 to 0.9734.

Recommendations: pending sell from the area of 0.9840