Daily: the pair fell to the middle Bollinger band, where bears are demonstrating attempts to squeeze the price into the lower Bollinger envelope. Probably, they will not succeed, as the ADX indicator also went into correction, demonstrating the lack of trend potential.

H4: we note strong support at the round level of 1.2800 (lower Bollinger band). Resistance is at 1.2883 (middle Bollinger line). The asset may remain in this range throughout the trading session.

H1: breakdown of the lower Bollinger envelope allows to consider selling from the middle Bollinger band (1.2854) after completion of the pullback to this area.

Conclusions: pullback to 1.2854, then decline to 1.2800.

Recommendations: Sell from 1.2854 to 1.2800.