Daily: the pair remains in the middle of the range of the lower Bollinger envelope, which gives no advantage to either side. However, the bears have slightly better chances to test the lower boundary of the envelopes (1.0586).

H4: We see intermediate support at 1.0638 (lower Bollinger line). There is no trend potential so far, so it is unlikely that the pair will leave the sideways corridor of 1.0638-1.0717.

H1: The pair has broken through the bottom Bollinger envelope, which is one of the signals of continuation of falling. We consider the decrease of the quotes to the zone 1.0638.

Conclusions: decrease to 1.0638.

Recommendations: Sell to 1.0638.