Daily chart: a downward technical correction has started in the direction of the middle Bollinger band (112.66). We are confused about the fact that the upper Bollinger band has remained untested (115.26), so a rebound upward is possible at any moment.

Н4: the local lower Bollinger envelope has been broken, and the ADX indicator is approaching the area of trend activity. Therefore, we can talk about a possible acceleration of the decline in quotations in the direction of support at 112.66.

Н1: a short-term upward correction is possible in the area of 113.71 (middle Bollinger band), from where, accordingly, traders will have the perspective of taking more than 100 pips on sales.

Conclusions: decline to 112.66. It is possible to test zone 113.71 beforehand.
Trading decisions: selling from the 113.71 zone to 112.66.