Daily: the pair showed quite strong bearish momentum from the middle Bollinger band, which suggests that the quotes may decrease to the support area 1.0623 (lower boundary of the envelopes).

H4: Here the asset is also traded down, being in the territory of the lower Bollinger envelope. The trend potential has not reached the key levels yet, therefore sales may be considered from the middle Bollinger band (1.0707).

H1: strong intraday support is at 1.0677 (lower Bollinger band). There is a possibility of trading in the range of 1.0677-1.0707 before the market descends to the area of 1.0633.

Conclusions: decline from the zone 1.0707 to 1.0633.

Recommendations: Sell from 1.0707 area to 1.0633.