Daily: the pair has tested the upper Bollinger band at 133.00, which may be a sufficient reason for the development of downward correction at least to the middle line (130.50).

H4: A breakdown of the upper Bollinger envelope was registered here, so there is a possibility of re-activation of the buyers from the middle band (131.64), where the key demand area is located.

H1: strong support is also located at the lower Bollinger band (131.94), which, however, may be considered as the same area as 131.64. We expect the formation of signals to buy in this zone.

Conclusions: pullback to 131.64, then reversal upwards.

Recommendations: Buy from 131.64.