Daily: the pair is directed towards the lower Bollinger band (1.0512), although the bearish targets may well be lower due to the previously broken lower envelope.

H4: the lower boundary of the horizontally orientated Bollinger envelopes points to 1.0489. Thus, this is the ultimate downside target for today.

H1: a significant breakdown of the lower Bollinger envelope. We expect active sell-offs of the euro from 1.0552 to 1.0489.

Conclusions: fall from 1.0552 to 1.0489.

Recommendations: Sell from 1.0552 to 1.0489.