Daily: the downward technical correction of the pair started. The general downside potential is around the middle Bollinger band (1.2525).

H4: the bulls managed to protect the lower Bollinger band, which may allow them to restore the quotes to the resistance of 1.2790 and 1.2835.

H1: The bottom Bollinger envelope was broken, which may trigger a sell-off from 1.2764-1.2790 zone. This is also facilitated by the falling ADX.

Conclusions: growth to 1.2790, then decrease to 1.2700.

Recommendations: Sell from 1.2790 to 1.2700.