Daily: A bounce down from the upper Bollinger Band (134.01) tells us about the likely downside phase of the market, with medium-term downside potential in the 132.16 zone (midline).

H4: Local support at 133.11 is temporary. As soon as the bears are able to sell it, quotations will head towards 132.16.

H1: The lower Bollinger envelope has been firmly broken, indicating a high probability of continued decline. The chart also has signs of a Head-and-Shoulders pattern, which will create additional pressure on the market.

Conclusions: decline towards 132.16.

Recommendations: Sell to 132.16.