Daily: The upper Bollinger band area (1.1015-1.1020) looks like an impregnable resistance. The last time the market tested this area, the Euro corrected by more than 500 pips.

H4: There are three bars outside the upper Bollinger envelope. Normally after 4-5 of these bars there is a complete reversal of the market in the opposite direction, which coincides with the conclusions drawn on the daily chart.

H1: The nearest target for the downside technical correction will be the middle Bollinger band (1.0945). Thus, we consider the scenario with the reaching of the zone 1.1015-1.1020, with the further decline to 1.0945.x

Conclusions: growth to 1.1015-1.1020, then decrease to 1.0945.

Recommendations: Sell from 1.1015-1.1020 zone to 1.0945.